World Economy

Mexico Inflation Up

Mexico  Inflation UpMexico  Inflation Up

Mexican annual inflation unexpectedly ticked higher in the first half of December as a weaker peso threatens to push up consumer prices in Latin America’s second biggest economy, The Gulf Today reported. Inflation in the 12 months through Dec. 15 accelerated to 4.19% from 4.17% in November, data from Mexico’s national statistics office showed. A reading of 4.135 had been forecast.