Mexico Inflation Rate Down to 6-Month Low in July


In July of 2013, Mexican annual inflation rate slowed for the third consecutive month to 3.47 percent, from 4.09 percent in June. Prices of goods eased to 2.64 percent, while cost of services slowed to 2.38 percent.

The highest year-on-year price increases were registered for prices of transport (6.52 percent) and health (3.9 percent). Cost of food, alcoholic beverages and tobacco increased by 3.75 percent, accommodation by 2 percent and education by 3.66 percent.

The core index, which strips out some volatile food and energy prices, rose 0.03 percent.

On a monthly basis, consumer prices edged down 0.03 percent.

Mexico Inflation Rate Down to 6-Month Low in July


Joana Taborda | joana.taborda@tradingeconomics.com
8/26/2013 2:02:54 PM