Annual inflation rate hits new high in June

Reuters - Mexican annual inflation accelerated to its highest rate in 1-1/2 years in June, which could make policymakers reluctant to cut rates as they eye the impact of a weaker peso on consumer prices. Annual inflation rose to 4.34 percent last month.
in.reuters.com/article/2012/07/09/mexico-economy-idINL3E8I93JA20120709