The National Consumer Price Index (INPC) accelerated again and registered an annual variation of 8.16 percent in the first half of July, pressured by the increase in prices potato and other tubersonion, egg and orange.
According to the National Institute of Statistics and Geography (Inegi), the INPC recorded its highest level since the first fortnight of January 2001, when it stood at 8.37 percent.
In addition, he presented his fourth consecutive fortnight with increments. The figure is given after the second half of June will be located at 8.09 percent.
Thus, the inflation it has been located 33 consecutive fortnights above the target range set by the Bank of Mexico (3 percent, +/- one percentage point).
The INPC result was practically in line with market expectations, which estimated 8.1 percent at an annual rate, according to Citibanamex.
The underlying price index, which is the one that excludes products with high price volatility from its accounting, accelerated and stood at 7.56 percent at the annual rate, its highest variation since the second half of December 2000, when it rose to 7.73 percent.
Inside, the prices of services were located at 4.81 percent, while the rise in the prices of merchandise was 9.99 percent.
Meanwhile, the non-core balance, which accounts for products with high price volatility, such as agricultural products or fuels, stood at 9.96 percent at an annual rate, its highest level since the first half of January.
In a disaggregated way, the prices of agricultural products presented a variation of 16.76 percent, while that of energy and rates authorized by the Government was 4.78 percent, this compared to the same period last year.
On the other hand, the Price Index of the Minimum Consumption Basket it increased 0.45 percent fortnightly and 8.68 percent at an annual rate.
In its comparison with the immediately previous fortnight, the INPC presented an acceleration of 0.43 percent.
What were the products with the highest prices and incidence?
Among the generic products whose price variations stood out for their impact on general inflation were potato and other tubers (59.12 percent); onion (53.64 percent); egg (37.15 percent); orange (35.62 percent) and wheat flours (32.25 percent).
On the contrary, the products that presented a decrease in their prices were domestic LP gas (7.43 percent); computers (4.35 percent) and shrimp (0.41 percent).