MEXICO CITY - Mexico’s annual inflation rate likely slowed in June due to lower price pressure for energy and some agricultural products, though core inflation is expected to rise, our source’s poll showed on Friday.

The median forecast of 10 banks, analysts and brokerages sees annual inflation of 3.95% through the end of June, compared with 4.28% in May. Mexico’s central bank targets inflation of 3%.

For core inflation, which strips out some volatile food and energy prices, analysts expect an annual rate of 3.86%, compared with the previous rate of 3.77% in May.

Analysts expect the general consumer price index to rise 0.07% during the month, according to the survey.

Mexico’s statistics institute will publish June inflation data next Tuesday.