Mexico Inflation Hits 4.53 Percent in Early April

Annual inflation in Mexico eased to 4.53 percent in the first half of April from 4.63 percent in March. The figure remains above the central bank target range.

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Consumer price growth in Mexico slowed during the first half of April, though the decline was less pronounced than market participants had anticipated. According to data released by the national statistics agency INEGI on Thursday, the 12-month inflation rate reached 4.53%, down from 4.63% recorded in early March.

A customer selects produce at a local market in Ciudad Juarez as food and energy costs continue to impact household budgets. REUTERS/Jose Luis Gonzalez/File Photo
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