MEXICO: Annual inflation accelerates in November; remains way above target

Buenos Aires, 7 - Mexico's National Consumer Price Index rose 6.63% in November from a year before, remaining way above the 4% limit set by the country's central bank. It also accelerated when...

Buenos Aires, 7 - Mexico's National Consumer Price Index rose 6.63% in November from a year before, remaining way above the 4% limit set by the country's central bank. It also accelerated when compared to the 6.37% rate posted in October. The annual inflation in November was a result of higher prices for agricultural goods, energy, and tariffs regulated by the government. In the monthly comparison, Mexico's consumer price index accelerated sharply, to 1.03% in November, from 0.63% in October. The result was above the 0.96% increase expected by analysts. The core inflation, which excludes food and energy prices, was at 4.90% in November on a yearly basis and 0.34% on a monthly comparison. Rafaela Aguiar / Agência CMA Translation by Ricardo Gozzi http://www.agenciacma.com.br/esp/



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MEXICO: Annual inflation accelerates in November; remains way above target

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