Mexico’s Inflation Retreats in Early November

November 24, 2014

Mexico's annual inflation retreats in early November, bolstering expectations for steady borrowing costs ahead, even as it remained above the central bank's tolerance ceiling for a fifth month running.

Mexican inflation for the 12 months through the first half of November was 4.16 percent, data from the national statistics institute showed on Monday, below the 4.20 percent expected in a Reuters poll.

Annual inflation in Mexico accelerated to a nine-month high of 4.3 percent in October, but Central Bank Governor Agustin Carstens has said the pace of consumer price gains will fall below the . . .

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