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Mexican inflation slows sharply in January

Thursday, January 22, 2015

Mexican annual inflation slowed sharply to below the central bank's 4 percent ceiling in the first half of January, even as a weaker peso threatened to push up consumer prices in Latin America's second biggest economy.

Inflation in the 12 months through mid-January eased to 3.08 percent, data from Mexico's national statistics office showed The figure was well below the 4.08 percent in the full month of December and the 3.45 percent expected in a Reuters poll.

Source: Reuters