Mexico’s headline inflation accelerates in August, core pressures ease
12 Articles
12 Articles
Inflation Trends in Mexico: A Comparative Analysis
Mexico's inflation rate accelerated for the first time in five months in August. The country's consumer prices rose by 3.26% annually, slightly below expectations. The core index increase was 0.16% for the month, less than anticipated, reflecting cautious monetary policy in Latin America's second-largest economy.
Mexico's headline inflation accelerates in August, core pressures ease
Mexico's annual inflation rose to 3.26 percent, above 3.12 percent in July.
Inflation in Mexico is accelerating for the eighth month of the year, impacting on the price of some products and services such as egg, onion, among others.
Onion, egg and housing rise in price According to information from the National Institute of Statistics and Geography (Inegi), in August inflation was again accelerated to consumers after the prices of services continued to press the pocket Mexicans, meaning that, nationally, the Index [...] The entry Repeats inflation in August was first published in Contigo Puebla.
Although general inflation remained within the target range of the Bank of Mexico during August, persistent increases in services continue to push monetary policy decisions, warned Aranxa Sánchez, Bankaool’s chief economist. Annual inflation in Mexico stood at 3.26%, while the National Price Index at [...] The Inflation in Services entry maintains pressure on Banxico: Bankaool first appears in North Ciudad Juárez.
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