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The
increase in the general price level as measured by the National Index of
Consumer Prices was 0.38% in August. As a result, annual headline inflation
dropped from 5.51% in July to 5.3% in August.
The June
inflation was mainly the consequence of higher prices in the following
categories: housing, eggs, university, electricity, mango and oranges.
The impact of these price hikes was partially compensated for by lower
prices for the following goods and services: tomatoes and cars, among
others.
In
August,
the price index for basic goods increased 0.35%.
The
price index for core inflation increased 0.28% in August. As a
result, the annual core inflation rate remained virtually unchanged from
July at 3.95%
More detailed information
available in
Spanish.
Additional information
available at the Mexican
Central Bank (Banco de México).
Forecasts: This indicator is covered in the
LatinFocus Consensus Forecast. For 5-year projections, including quarterly forecasts for
the next two years, please click here
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