Mexico Inflation Rate Up to 5-Month High in November


In November of 2013, Mexican annual inflation rate accelerated for the first time in five months to 3.62 percent, mainly due to higher cost of food, transport and communications.

Year-on-year, communication prices recorded the highest increase (6.61 percent), followed by transport cost (6.28 percent) and alcoholic beverages and tobacco (5 percent). Food prices accelerated to 3.54 percent in November. 

On a monthly basis, prices rose 0.93 percent, up from 0.48 percent in the previous month and reached its highest value in almost two years. Prices of housing, water, electricity, gas and other fuels f rose the most (2.45 percent), followed by food and non-alcoholic beverages (1.37 percent) and communication prices (0.77 percent). 

Mexico Inflation Rate Up to 5-Month High in November


Joana Taborda | joana.taborda@tradingeconomics.com
12/9/2013 2:17:25 PM