Mexico Inflation Rate Slows in March

Consumer prices in Mexico increased 2.6 percent year-on-year in March of 2016, easing from a 2.9 percent rise in the previous month and matching market expectations.

Year-on-year, cost of goods went up 3.23 percent, namely food, drinks and tobacco recorded the highest increase (3.2 percent) and non-food (3.25 percent). Cost of services grew 2.37 percent, namely education (4.13 percent), housing (2.16 percent) and other services (2.06 percent).

On a monthly basis, prices went up 0.15 percent, following a 0.44 percent increase in the previous month, reaching the lowest in eight months.

Core consumer prices were up 0.36 percent on the month and 2.76 percent on the year.

Mexico Inflation Rate Slows in March

INEGI | Francisco Caeiro |
4/7/2016 2:54:37 PM