Mexico Inflation Rate Rises in July


Mexican annual inflation rate accelerated for the third straight month to 4.07 percent in July of 2014 from 3.75 percent in the previous month, due to higher prices of food, beverages, tobacco and transport.

Upward inflationary pressures were driven in July of 2014 by food and non-alcoholic beverages (5.30 percent yoy), alcoholic beverages and tobacco (6.56 percent), transport (6.73 percent), education (4.38 percent), restaurants and hotels (5.58 percent), clothing and footwear (2.31 percent), housing, water, electricity, gas and other fuels (2.62 percent), furnishings, household equipment & routine household maintenance (2.90 percent) and health (3.95 percent).

On a monthly basis, consumer prices increased to 0.28 percent in July of 2014, from 0.17 percent in the previous month.

Mexico Inflation Rate Rises in July


INEGI | Isabel Felino | isabel.felino@tradingeconomics.com
8/7/2014 2:25:12 PM