Mexico’s annual inflation rate likely accelerated during April, lifted by price hikes over Easter linked to travel and tourism, as well as increasing costs for some goods, a Reuters poll of analysts showed on Monday.
The median forecasts of 12 private sector analysts pointed to an uptick in consumer price inflation to 4.41 percent last month from 4.00 percent in March.
The Mexican central bank, which in late March held its benchmark lending rate at 8.25 percent, targets inflation of 3.0 percent with a 1 percentage point tolerance threshold above or below.
Compared with the . . .
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