PREVIEW-Mexico inflation seen easing to 3.51 pct in July
* Reuters Poll sees July monthly CPI +0.02 pct
* Poll sees core prices up 0.1 pct in July
* Data due Aug. 8 at 0800 a.m. local 1/81300 GMT 3/8
MEXICO CITY, Aug 7 (Reuters) - Mexico's inflation is expected to drop back below the central bank's ceiling in July after four months above 4 percent, giving room for lower interest rates if growth falters.
A Reuters poll showed median expectations of 10 economists were for annual inflation to slow to 3.51 percent, from 4.09 percent in June, which would be its lowest since January.
Inflation hit a peak of 4.65 percent in April, but has since cooled as fruit and vegetable prices have come down. The Banco de Mexico cut interest rates to 4 percent in March, and has kept the door open to further easing.
Economists in the poll expected monthly consumer prices to rise 0.02 percent and for core prices to increase 0.1 percent.
The central bank on Wednesday cut its growth outlook for 2013 as the economy slows but stuck to forecasts for inflation to hover around 3.5 percent in the second half of the year.
(Reporting by Noe Torres; Editing by Richard Chang)