Mexico’s Inflation Reaches 5.57 Percent in July
However, the National Institute of Statistics and Geography reported that Mexico’s core inflation decreased month-over-month from 4.13 percent in June to 4.05 percent in July
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Inflation Soars in Mexico during First Fortnight of 2023
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
Read moreInflation in Mexico Hits 8.66 Percent, Highest Level in 22 Years
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
Read moreInflation in Mexico Slows to 8.53 Percent in October
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
Read moreInflation Rates Continue to Rise in Mexico across September
By KELIN DILLON As international inflation continues to dominate global economic forecasts, Mexico’s own ongoing bout with inflation has been no walk in the park itself; rather than ease up in September as anticipated by sector specialists, inflation only increased in Mexico across the course of the month, reaching 8.76 percent in the first half of September alone. According to
Read moreAMLO Blames Private Businesses for Price Increases
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
Read moreUncontrolled Inflation in Mexico Increases Food Prices
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
Read moreInflation in Mexico Hits 7.28 Percent in February
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
Read moreInflation in Mexico Could Hit 8 Percent by Year’s End
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,
Read moreMexico’s October Inflation Hits 6.24 Percent
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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