Mexico annual inflation picks up to two-year high in December

Mexico's annual inflation picked up slightly in December to the fastest pace in two years, data showed on Monday, boosting chances the central bank will raise interest rates again to offset a weaker peso.

Consumer prices MXCPIA=ECI rose 3.36 percent from December 2015, national statistics agency INEGI said on Monday, the highest rate since December 2014, and topping the central bank's 3 percent target.

The figure was below the 3.40 percent analysts forecast in a Reuters poll and up from the 3.31 percent reached in November.

Consumer prices could be fanned further by a . . .