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The
increase in the general price level as measured by the National Index of
Consumer Prices was 0.81% in November. As a result, annual headline
inflation rose from 5.0% in October to 5.4% in November.
Consumer Prices,
November 2001 - November 2002
Nota:
Monthly variation of the National Consumer Price Index (INPC, Variación
mensual del Índice Nacional de Precios al Consumidor) en %.
Fuente: Banco de México y cálculos de LatinFocus.
The
November inflation was mainly the consequence of surging prices for
household gas and higher electricity tariffs.
The
price index for core inflation increased a much lesser 0.22% in November. As a
result, the annual core inflation rate also remained virtually unchanged
at 3.8%.
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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