Mexico First Half June CPI Unexpectedly Falls 0.05% on Food
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Mexico’s consumer prices unexpectedly declined in the first half of June, dragged down by food and beverage costs in Latin America’s second-biggest economy.
Prices fell 0.05 percent in the first two weeks of the month, the central bank said in a report posted on its website today. Economists forecast a 0.11 percent rise, according to the median estimate of 14 analysts surveyed by Bloomberg.