The National Institute of Statistics and Geography (Inegi) revealed that annual inflation during the first half of 2021 remained above 7%, driven by the rise in the prices of products such as lemon, gasoline, chicken, snack bars and restaurants.
The National Consumer Price Index showed an increase of 0.39% in the first fortnight of 2022 compared to the immediately previous fortnight. With this result, annual general inflation stood at 7.13%, a rate slightly lower than the 7.35% with which it closed 2021.
Among the main goods and services whose price rise affected inflation, the following stand out: lemon with a fortnightly increase of 36.84%; low octane gasoline, 0.98%; lunch shops, inns, torterías and taco shops, 0.92%; potato and other tubers, 11.62%; cigarettes, 3.62%; chicken, 1.98%; restaurants and the like, 0.90%; automobiles, 0.99%; beef, 0.86%; and bananas, 6.75 percent.
On the contrary, the generics whose lower prices helped contain inflation were: tomato with a drop of 15.21%; air transport, -33.66%; packaged tourist services, -12.41%; domestic LP gas, -1.14%; green tomato, -10.93%; serrano chili, -11.42%; other fresh chilies, -7.39%; sanitary napkins, -4.06%; poblano chili, -7.03%; and detergents, -1.15 percent.
The underlying price index, which includes goods and services whose prices are less volatile, registered an increase of 0.34% fortnightly and 6.11% annually. At the same time, the non-core price index showed an increase of 0.53% fortnightly and 10.21% annually.
Within the underlying index, at a fortnightly rate, the prices of merchandise grew 0.62% and those of services 0.02 percent.
Within the non-core index, the prices of agricultural products rose 0.55% and those of energy and tariffs authorized by the government 0.51% at a fortnightly rate.
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