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Inflation on the Rise in Mexico

Article Summary:

Mexico inflation rate was placed at 3.44% from 3.20% the previous month. The figure is higher the expected by the government. The increase is a direct result of rising food prices and the elimination of electrical subsidies.

Original Article Text From America Economia via Google Translate :

Mexico: Inflation Accelerates in November annualized

Analysts expect the rate to be placed in a 3.44% from 3.20% the previous month. Mexico DF. Mexico’s annual inflation accelerated to 3.48% in November, announced Thursday the national institute of statistics, a figure higher than expected by the market.

In a previous survey by Reuters, analysts expected the rate to 3.44% were located from 3.20% the previous month.

The consumer price index rose 1.08% in November, 1.01% higher than expected and the biggest jump since January 2010. The increase resulted from increases in food prices and the elimination of subsidies in electricity tariffs.

Link to Original Article:

From America Economia

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