Mexico

UPDATE 2-Mexico annual inflation jumps to highest in almost 7 years

 (Adds products that contributed to inflation rise) MEXICO CITY, March 9 Mexico's annual inflation surged to its highest in nearly seven years in February as the weak peso drove up prices of imported goods like cars, data showed on Thursday, in a sign that the central bank could again increase interest rates. Inflation in the 12 months through February rose to 4.86 percent, its highest since March 2010, the national statistics agency said. That compared with 4.72 percent in January and expectations of 4.82 percent of economists in a Reuters poll. Mexico's government raised gasoline prices in January, prompting protests and looting across the country and pushing inflation above the central...

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