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MEXICO CITY--Mexican consumer prices rose modestly in the first two weeks of the year, with declines in fresh food prices and some services partly offsetting higher energy and core goods costs.
Economists and analysts aren’t convinced that an expansion of oil and gas production will lower consumer prices.
(Bloomberg) -- Mexico’s annual inflation slowed slightly more than expected in early January, keeping in play chances of a bigger interest rate cut at the central bank’s next policy meeting.