MEXICO CITY, June 24 (Reuters) – Mexico’s annual inflation rate hit 3.55% in the first half of June, official data showed on Wednesday, below expectations and slowing compared to the same period last month.
Consumer prices in Latin America’s second-largest economy eased from a prior reading of 4.11% in the first half of May, the national statistics agency said, and landed below expectations of economists polled by Reuters that had forecast it to come in at 3.77%.
Month-on-month consumer prices fell 0.11% during the first half of June, compared with a slight 0.10% increase expected by economists in the poll.
The closely watched core price index, which strips out some volatile food and energy prices, climbed 0.19% in early June, below expectations of a 0.21% increase.
(Reporting by Aida Pelaez-Fernandez and Ricardo Fiegueroa; )
