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Friday, July 22, 2011

Mexico Inflation Increases In Early July

Via Reuters:

Today Mexico's statistics agency said that consumer prices rose 3.53 percent in the year through July 15. "Prices climbed 0.32 percent in the two-week period MXCPIF=ECI, faster than the 0.24 percent reading expected in a Reuters poll."

Inflation remains close to the central bank's 3 percent inflation target. Policymakers say they can live with variations of up to a percentage point higher or lower.

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