Mexico's Inflation Falls to its Lowest Level Since 2016

Inflation in Mexico during the first half of August registered a decrease of 0.08 percent, and in annual terms was 3.29 percent, the lowest level since 2016, an official source reported Thursday. The National Institute of Statistics and Geography (INEGI) reported that a reduction in agricultural products and in the tariffs authorized by the government, of 1.44 percent and 0.08 percent, respectively, led to this drop.

According to the agency's records, the bimonthly variation of -0.08 percent is the lowest in the history of the National Consumer Price Index (INCP) for that period and the only negative, i.e., only case of deflation.

The inflation data correspond to the first half of August, the last with a reference rate of the Bank of Mexico of 8.25 percent.

The products with the greatest incidence on the rate were airplane travel, university courses and lemons; while it was lowered with tomatoes, cooked foods and packaged soft drinks.

The cities with the highest prices of goods and services were Chiapas, Sonora and Aguascalientes. The cheapest were registered in Guerrero, Hidalgo and Morelos.
FaceBook  Twitter


King of Spain honors Havana´s historian, Eusebio Leal

Havana - The King of Spain, Felipe VI, is presenting the historian of Havana, Eusebio Leal, this Wednesday with the Grand Cross of the Royal and Distinguished Spanish Order of Charles III, in the context of the 500th anniversary of this capital.

Read More

Education is key to peace stresses UNESCO director-general

Paris - UNESCO Director-General Audrey Azoulay said today in this capital that guaranteeing education would lay the foundations for lasting peace on Earth.

Read More

Embassy of Mexico to award Cuban artists

Havana - The Mexican Embassy in Cuba will present the Cultural Merit award to Cuban dancer Viengsay Valdes, choreographer Alberto Mendez and cultural official Reinaldo Mendez, it was announced at a press conference.

Read More




Selected Speeches by Fidel Castro

News archive

November 2019
Mo Tu We Th Fr Sa Su
28 29 30 31 1 2 3
4 5 6 7 8 9 10
11 12 13 14 15 16 17
18 19 20 21 22 23 24
25 26 27 28 29 30 1

Pictures mayo/666.jpg mayo/555.jpg mayo/444.jpg mayo/333.jpg mayo/222.jpg mayo/1111.jpg mayo/cuba_eua_bandera.jpg mayo/9.JPG mayo/8.JPG mayo/7.JPG mayo/2.JPG mayo/12.jpg mayo/11.JPG