MEXICO | Inflation picks up in March. On 9 April Mexico’s national statistics institute (Inegi) released the latest figures for its consumer price index (INPC), which put monthly inflation in March at 0.86% and annual inflation at 4.59%. Both rates saw increases from the previous month - monthly inflation rose from 0.50% in February and the annual rate rose from 4.02%. Core inflation, which excludes volatile items such as food and fuel, rose 0.38% in monthly terms and 4.45% year-on-year in March. This compares with a 0.46% monthly rise in February, when the annual core inflation rate stood at 4.50%.
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