Uruguay annual inflation hits 10.6 pct in March, highest since 2003

martes 5 de abril de 2016 13:25 GYT

MONTEVIDEO, April 5 (Reuters) - Consumer prices in Uruguay rose a faster-than-expected 1.04 percent in the month of March while annual inflation hit 10.6 percent, its fastest clip since November 2003, data from the Statistics Office showed on Tuesday.

The median forecast in a central bank poll of analysts was for a 0.9 percent increase on the month.

Inflation in Uruguay is running well above the government's targeted ceiling of 7 percent on the year. (Reporting by Malena Castaldi, writing by Sarah Marsh, editing by G Crosse)