Inflation rebounds in February and stands at 3.74%
After having had a good start to the year, inflation in Mexico showed a new upturn in the first half of February. According to the National Institute of Statistics and Geography (Inegi) , this indicator stood at an annual rate of 3.74%.
Through its bulletin, the agency reported that the National Consumer Price Index (INPC) increased by 0.15% compared to the previous fortnight. Remember that during the second half of January, this figure stood at an annual rate of 3.48 percent.
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The core price index, which excludes goods and services with more volatile prices or those that do not respond to market conditions, increased by 0.27% on a biweekly basis. Within it, prices of merchandise rose by 0.21% and those of services, by 0.32%.
The non-core price index fell by 0.25 percent. Within this, prices of agricultural products fell by 0.81% and energy prices and government-authorized tariffs rose by 0.18%.
It was also reported that in the same period, but from 2024, the annual rate stood at 4.45 percent.
Inegi also published a list of products that were mainly affected by this slight increase. According to the information, eggs, housing, beef, bananas, electricity , pork, cleaning products and restaurants registered an increase in prices.
Finally, tomatoes, onions, zucchini, cactus, potatoes , carrots, watermelon, table wine and low-octane gasoline saw a drop in price.
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