Mexico’s inflation remains on an upward trend
Mexico's inflation stood at 4.9 %, maintaining an upward trend that has lasted for three fortnights
Mexico maintains inflation with an upward trend, located at 4.9 %, according to the National Consumer Price Index.
The organization’s report indicates that the increase in the inflation rate has been maintained for three fortnights, with an estimate “well above the average expected by Banco de México (Banxico) for the first quarter of the year, which is 4.3 %”.
According to Bloomberg Línea, various daily consumption items such as tobacco, packaged soft drinks and cigarettes have suffered a price increase due to the annual increase in the Special Tax on Production and Services.
“On the other hand, core inflation, an indicator that does not measure the price movement of energy products or unprocessed foods, increased 0.25 % at a biweekly rate, to stand at 4.78 % at an annual rate,” according to the digital medium.
In contrast to general inflation, the underlying component has maintained its downward trend, reaching the lowest level in 23 fortnights in January.
M.Pino
Source: Finanzasdigital
(Reference image source: Unsplash+, in collaboration with Frank van Hulst)
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