Inflation in Mexico Set to Rise on Higher Fuel Prices

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Mexico's inflation is likely to be boosted higher as the government announced that it would be hiking fuel prices by nearly one-fifth from January. The government said that fuel price ceilings will be capped between 14.2% - 20% above December's prices. The announcement has boosted economists' expectations on the 2017 inflation forecasts for Mexico which is likely to put pressure on the Mexican ce...

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