Mexico's annual inflation rate rose less than expected in the first half of April, remaining below the central bank's target and giving policymakers room to keep interest rates unchanged.
Inflation in the 12 months through mid-April MXCPHI=ECI was 2.60 percent, the national statistics institute said on Friday, below a forecast 2.71 percent rate in a Reuters poll and up from 2.49 percent in the second half of March.
Mexico's central bank expects inflation to rise slightly above its 3 percent target sometime in 2016, but fall back toward the target by the . . .
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