The inflation annual in Mexico moderated its progress below what was estimated by specialists to stand at 4.44% in the first half of September, with which it links nine fortnights downwards, reveal the data published by the National Institute of Statistics and Geography (Inegi).
In the first half of September, the National Consumer Price Index (IPC) registered an increase of 0.25% compared to the immediately previous period, the lowest rate for said period since 2020.
The general increase in prices in the first half of September was below the analyst consensus 4.48% at an annual rate, but within the range of a minimum of 4.40% and a maximum of 4.59% predicted by the 33 financial institutions consulted by CitiBanamex, of which three were correct in their forecast.
The period would be characterized by pressures on the costs of services in education and foods such as eggs, tomatoes, lemons and carrots.
The underlying price index, which includes goods and services whose prices are less volatile, saw a growth of 0.27% at a biweekly and annual rate of 5.78%, lower than the 5.96% observed in the previous fortnight. Internally, the prices of merchandise increased 6.35% at an annual rate and those of services, 5.08%.
In the same period, the non-core price index advanced 0.19% every two weeks, thus Its annual increase was 0.48% against the increase of 0.61% observed in the immediately previous period. Within the index, the prices of agricultural products grew 3.57% at an annual rate, while those of energy and tariffs authorized by the government decreased 2.20%.
Finally, the Price Index of the Minimum Consumption Basket, which evaluates the prices of 176 products and services that make it up, contained in the food and non-food basket of the National Council for the Evaluation of Social Development Policy (Coneval), had a biweekly variation of 0.34% and an annual variation of 3.96%.
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