Mexican Inflation Rate At 3.46% in August

In August of 2013, Mexican inflation rate eased slightly to 3.46 percent, from 3.47 percent in July, as food prices remained stable.

The highest year-on-year price increases were registered for prices of transport (6.53 percent), restaurants and hotels (4.59 percent) and education (4.55 percent).  Cost of food, alcoholic beverages and tobacco increased by 3.75 percent and accommodation by 2.98 percent. Communication prices dropped 6.95 percent. 

The core index, which strips out some volatile food and energy prices, rose 0.09 percent, up from 0.03 percent in July.

On a monthly basis, consumer prices increased 0.28 percent.

Mexican Inflation Rate At 3.46% in August

Joana Taborda |
9/9/2013 2:54:54 PM