Mexico annual inflation eases in March

MEXICO CITY: Mexican price pressures eased more than expected in March as economists expect the central bank to keep rates on hold through the year.

Annual inflation rose 3.73 percent in March, the national statistics agency said on Monday, while analysts expected that index to climb by 3.77 percent.

Consumer prices rose 0.06 percent in March, according to non-seasonally adjusted figures.

The core index, which strips out some volatile food and energy prices, rose 0.24 percent during the month.