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Mexico's annual inflation expected to have slowed in first-half June - Reuters poll

Mexico's annual inflation expected to have slowed in first-half June - Reuters poll
A diesel and fuel pump machine are seen at a gas station, in Mexico City, Mexico January 15, 2019. REUTERS/Henry Romero -
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HENRY ROMERO(Reuters)
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(Reuters) – Mexico’s annual inflation rate will have slowed slightly in the first half of June thanks to lower prices for fuel and some agricultural goods, a Reuters poll showed.

The 12 experts forecast an annual inflation rate of 4.08% for the first two weeks of June, below the 4.13% recorded in the last two weeks of May.

During those two weeks in June, consumer prices would have risen by 0.08% while the core index would have risen by 0.13%, according to the poll.

Their estimate for yearly core inflation was 3.82%.

Mexico’s national statistics institute will publish its national consumer price index for the first half of June on Monday.

(Reporting by Miguel Angel Gutiérrez and Noé Torres; additional reporting by Gabriel Burín in Buenos Aires; Editing by Alistair Bell)

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