Mexico Inflation Rate Up to 3.75%


Mexican annual inflation rate accelerated to 3.75 percent in June from 3.51 percent in May, driven by higher food cost.

Food inflation accelerated sharply to 4.14 percent in June, following a 2.72 percent increase in May. Year-on-year, transport prices rose the most (6.69 percent), followed by cost of alcoholic drinks and tobacco (6.21 percent) and restaurants and hotels (5.51 percent). 

On a monthly basis, consumer prices rose 0.17 percent, rebounding from a 0.3 percent fall in the previous month. Cost of tomatoes and transport recorded the highest increase (9.8 percent and 8.77 percent, respectively). The core index, which strips out some volatile food and energy prices, rose 0.21 percent during the month.

Mexico Inflation Rate Up to 3.75%


Joana Taborda | joana.taborda@tradingeconomics.com
7/9/2014 2:17:32 PM