Reuters: Market News: UPDATE 1-Mexico annual inflation eases in March

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UPDATE 1-Mexico annual inflation eases in March Apr 9th 2012, 13:50 Mon Apr 9, 2012 9:50am EDT MEXICO CITY, APRIL 9 - 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.

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