Mexico Annual Inflation Rate Slows In September But Remains Above Limit RTTNews
go to original October 12, 2017

Mexico's National Consumer Price Index rose 6.35% in September on a yearly comparison, remaining way above the 4% limit set by the country's central bank, but slowing down when compared to the 6.66% rate posted in August.

The annual inflation in September is a result of higher prices for goods, energy, and tariffs set by the government.

In the monthly comparison, Mexico's inflation decelerated to 0.31% in September, from 0.49% in August. The result was below the 0.45% increase expected by analysts.

The underlying index, which excludes food and energy prices, rose by 4.80% in September on a yearly basis - the lowest level since May - and increased by 0.28% on a monthly comparison.

See the original at Business Insider

Related: Mexican Peso Droops Amid Nafta Talk Troubles (Dow Jones)

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