- GM to Start Repaying US Government Loan
- Lowe's Meets Third-Quarter Profit Expectations
- Cisco Ups Tandberg Bid, Claims Over 40% Backing
- 'Significant Weakness' Still Ahead: Fed's Hoenig
- BlackRock: Central Banks To Be Net Buyers of Gold
- Stronger Yuan Needed for Global Rebalancing: IMF Chief
- Washington Not Trying to Contain China: Obama
- Japan Third Quarter GDP Jumps; 2010 Growth May Slow
- How Much Do You Know About Green?
- Warren Buffett to CNBC: 'I Haven't Bought American Express In Years'
- CNBC Video: Warren Buffett & Bill Gates - Keeping American Great
- U.S. Stocks Rally for the Second Straight Week
- Dollar is Not Plunging—So 'Calm Down': Market Strategist
- Strategists Say Markets Have More Upside — But How Much?
- Hirschhorn: Risk-Averse Traders
- Roginsky: A Funny Thing Happened on the Way to Financial Reform
- This Year's Biggest Thanksgiving Leftover: Cash
- TV Series Inks Unique Deal For Fight
- Taiwan, China sign pact on financial firm exchange
- Daimler, Abu Dhabi to buy Formula 1 team Brawn GP
- Sanofi-Aventis swine flu vaccine cleared in France
- Champion Enterprises files for Ch. 11 protection
- HealthPort expects to complete its IPO this week
- Energy fears to dominate Russia, EU summit
- Opera Software in 3Q loss caused by high costs
- EU: bluefin tuna catches to be reduced
- Airbus tests engines on military transport plane
Mexico's inflation rate 4.5 percent in October
Text Size 
MEXICO CITY - Mexico recorded an annual inflation rate of 4.5 percent in October, which was the sixth consecutive month showing a slowing in the pace of price rises, the central bank said Monday.
The Bank of Mexico said October's rate was 0.39 percentage point lower than September's annualized rate, but was still far ahead of the bank's goal of 3 percent for this year.
The central bank has been striving to keep inflation in check in hopes of stimulating the economy, which slumped 9.2 percent in the first quarter as demand for Mexican goods fell because of the recession in the United States.
Copyright 2009 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.
Print
Email
- Where, what, how.
- Warren Buffett and Bill Gates spoke to Columbia students, and Buffett made the students a startling offer.
- For the chief of cable company Comcast, growth has been about making deals – generally very large deals.
- Some companies may start using insurance to shift carbon risk from their balance sheets to maybe... yours?
- The president and founder of Genesis Today wants to improve America’s health, and thinks Wal-Mart can help.
- Switzerland's privacy watchdog is taking legal action to force Google to make changes to its Street View service.
Data is a real-time snapshot *Data is delayed at least 15 minutes