Mexico Inflation Accelerates

Mexico CityInflation hit 3.62% in early October, above forecasts.

Mexico’s central bankers meeting next month face pressure to reconsider a 5-month hold on interest rates.

Britain’s inflation reached 3.5% as petrol and diesel prices surged to records in places.

The Bank of England, whose rate stands at 3.75%, decides on 5 November.

Sources: BBC, Bloomberg Business