Mexico's annual inflation rate in February rose to its fastest since June on a surge in food costs while core inflation showed only modest pressure from a deep slump in the peso, data showed on Wednesday.
Inflation in the 12 months through February rose 2.87 percent, the national statistics agency said. That compared with a forecast of 2.94 percent in a Reuters poll and 2.61 percent rise in January.
Before beginning to rise in January, Mexico's annual inflation rate posted record lows every month since last May, the longest period ever in which price gains . . .
Already a Subscriber? Login Here
