Mexico inflation almost unchanged in June, well over cenbank target


Source: Reuters

MEXICO CITY, July 8 (Reuters) – Mexican annual inflation was virtually unchanged in June, slowing slightly less than expected and remaining well above the central bank’s target rate, official data showed on Thursday.

Annual consumer price inflation in Latin America’s no. 2 economy dipped last month to 5.88% from 5.89% in May, according to figures published by national statistics agency INEGI. A rate of 5.86% had been forecast in a Reuters poll of analysts.


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