Mexican Annual Headline Inflation Seen Easing in July
Dow Jones
Aug 07
1356 ET - Mexico's annual headline inflation likely slowed for a fourth straight month in July, helped by lower fresh food prices and continued government tax relief on energy. The consumer price index is expected to have edged up 0.05% last month, pushing the 12-month inflation rate down to 3.14% from 3.37% in June, according to a WSJ survey of analysts. Core CPI, which excludes perishable food and energy prices, is seen rising 0.22%, with the annual rate easing to 3.94% from 4.03% in June. National statistics institute Inegi is scheduled to report July inflation on Friday.
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