Mexico's annual inflation picked up in May but remained below the central bank's 3 percent target, giving policymakers room to keep interest rates on hold amid concerns about a weak currency.
Inflation in the 12 months through May rose to 2.60 percent, the national statistics agency said on Thursday. That compared with a forecast of 2.58 percent in a Reuters poll and April's 2.54 percent annual rate.
After falling to a record low in May 2015, inflation in Latin America's No. 2 economy is posting the longest period on record below the central . . .
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