Mexico's annual inflation cooled in April further 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 April cooled to 2.54 percent, the national statistics agency said on Monday. That compared with a forecast of 2.61 percent in a Reuters poll and 2.60 percent in March.
After falling to a record low in 2015, inflation in Latin America's No. 2 economy is posting the longest period on record below the central bank's 3 percent target . . .
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