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Mexico inflation up as central bank warns of shocks

Tuesday, December 5, 2017

Annual inflation in Mexico is seen accelerating in November due to rising prices for electricity, tourism services and air transport, a Reuters poll showed on Monday, reducing chances of an interest rate cut in the near term.

The median inflation forecast during November from 15 banks, brokerages and other analysts came in at 6.60 percent, compared with 6.37 percent in October.

Source: Reuters