Mexico's consumer price index rose 0.49 percent in February, compared to the previous month, bringing the inflation rate over the past 12 months to 3.55 percent. EFE/File
Mexico City, Mar 7 (EFE).- Mexico's consumer price index rose 0.49 percent in February, compared to the previous month, bringing the inflation rate over the past 12 months to 3.55 percent, the National Institute of Statistics and Geography, or INEGI, said Thursday.
The core rate of inflation, which excludes volatile food and energy prices, rose 0.51 percent, with the inflation rate over the past 12 months at 2.96 percent, the INEGI said in a statement.
The prices of fruits and vegetables rose 1.37 percent last month, compared to the previous month, while services posted an increase of 0.82 percent.
The prices of livestock products fell 0.75 percent.
Consumer prices rose 3.57 percent last year, while the inflation rate was 3.82 percent in 2011.
President Enrique Peña Nieto's administration expects the economy to grow 3.5 percent this year, with inflation coming in at about 3 percent.
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