PULSE NEWS MEXICO Despite predictions by both President Andrés Manuel López Obrador (AMLO) and the Central Bank of Mexico (Banxico) that inflation in Mexico had peaked in late 2022, consumer prices increased to 7.94 percent in the first two weeks of January. According to data supplied on Tuesday, Jan. 24, by the National Institute of Statistics and Geography (Inegi), during
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PULSE NEWS MEXICO Core inflation in Mexico during the first half of November reached 8.66 percent, according to the National Institute of Statistics and Geography’s (Inegi) National Consumer Price Index (INPC), representing 8.14 percent at an annual rate. Despite a slight moderation compared to previous fortnights, headline inflation was still well above the Central Bank of Mexico’s (Banxico) objective target
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By KELIN DILLON Mexico’s National Consumer Price Index (INPC) – which registers inflation across the country – hit 8.53 percent during the first two weeks of October, a trend likely due to drops in gas prices and national costs associated with inflation-affected products like potatoes, onions and avocados. This is Mexico’s third report in a row of slowing inflation, said
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By MARK LORENZANA President Andrés Manuel López Obrador (AMLO) on Wednesday, Sept. 7, accused businessmen in Mexico of increasing their profits especially in times of crisis, claiming that the Mexican Treasury will now ask them for an explanation. In his Wednesday morning press conference, López Obrador said that private businesses should instead help control price increases. He specifically mentioned the
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By MARK LORENZANA Mexico’s National Institute of Statistics and Geography (Inegi) announced on Tuesday, Aug. 23, that during the first 15 days of this month, the National Consumer Price Index (INPC) increased 0.42 percent, bringing the country’s annual rate of inflation to 8.62 percent. According to the Inegi, the INPC recorded its highest level since the second half of December
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By THE PULSE NEWS MEXICO STAFF Mexico’s National Consumer Price Index (INPC) registered 7.28 percent at the annual rate in February, its first rise after two consecutive months with declines, the National Institute of Statistics and Geography (Inegi) reported on Wednesday, March 9. This was the INPC’s highest level since 2000, when it was placed at 10.52 percent. The February
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By THE PULSE NEWS MEXICO STAFF Inflation in Mexico jumped dramatically in November to 7.37 percent, its highest level since January 2001, and financial analysts have raised their annual forecasts to close the year at 8 percent. In the second half of the November, the National Consumer Price Index (INPC) jumped to 7.7 percent, also its highest level since 2001,
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By THE PULSE NEWS MEXICO STAFF Mexico’s inflation rate hit 6.24 percent in October, its highest level since December 2017, the National Institute of Statistics and Geography (Inegi) said Monday, Nov. 8. The National Consumer Price Index (INPC) hike was above market forecasts, which had predicted an annual increase of 6.16 percent, according to a group of economic analysts consulted
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By THE PULSE NEWS MEXICO STAFF Inflation in Mexico reached a record 6 percent in September, its highest level since April 2021, the National Institute of Statistics and Geography (Inegi) reported on Thursday, Oct. 7. The rise in the National Consumer Price Index (INPC) was mainloy due to increases in food and energy prices. According to Inegi, inflation in Mexico
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By THE PULSE NEWS MEXICO STAFF Mexico’s National Consumer Price Index (INPC) soared to 5.87 percent in the first half of September, its highest level since the first half of June, the National Institute of Statistics and Geography (Inegi) reported on Thursday, Sept. 23 The index registered its highest level since the first half of the sixth month of this
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