Mexican consumer prices fell more than analysts expected in April as fruit, vegetable and mobile phone service costs dropped, pushing annual inflation to its lowest level in six months.
Prices slid 0.19 percent from the previous month, the national statistics agency said, compared with the 0.13 percent drop forecast by 23 analysts in a Bloomberg survey. Annual inflation (MXCPYOY) slowed to 3.50 percent from 3.76 percent in March, within the 2 percent to 4 percent target range. Core prices, which exclude energy and farm costs, increased 0.29 percent, less than the 0.36 percent forecast . . .
Already a Subscriber? Login Here
