Mexican consumer prices advanced 0.3% month-on-month in August
Consumer prices advanced by 0.3% month-on-month in August, as expected, yet the year-on-year rate of change was steady at 2.7%.
Economists had forecast an annualised pace of price gains of 2.8%.
Core prices rose 0.2% over the month, but remained at 3.0% in annual terms, for a fourth consecutive month, benefiting from recent stability in the country's exchange rate. ■