Mexico inflation seen easing in August after months accelerating

Reuters - 06/09
Mexico's headline inflation rate likely eased in August after accelerating for the previous five months, a Reuters poll of analysts showed on Friday, boosting expectations that the Bank of Mexico will cut the benchmark interest rate later this month.
MEXICO CITY, Sept 6 (Reuters) - Mexico's headline inflation rate likely eased in August after accelerating for the previous five months, a Reuters poll of analysts showed on Friday, boosting expectations that the Bank of Mexico will cut the benchmark interest rate later this month.
The median estimate from eight analysts forecast an annual headline inflation rate in August of 5.08% (MXCPIA=ECI), opens new tab, down from July's level of 5.57% but still far from the central bank's target of 3.00%, plus or minus a percentage point.
The closely watched core inflation index, which excludes products...
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