MADRID (EUROPA PRESS).- The National Consumer Price Index (NCPI) has climbed sharply in July compared to June, around six-tenths, reaching 5.57% year-on-year, thus recovering the figure of 5% and showing a clear upward trend.
According to a report released by the National Institute of Statistics and Geography (INEGI) on Thursday, monthly inflation also experienced a significant increase, going from 0.38% in June to 1.05% in July.
The underlying index rose one-tenth compared to July, to 0.32% on a monthly basis, and slowed year-on-year, to 4.05% compared to 4.13% in June.
By spending division, education remained the group with the highest year-on-year increase, at 6.36%. Other services also experienced a slight increase, at 6.01%. The food, beverage and alcohol division slowed slightly, at 4.03 percent.
In July 2024, the #inflation The annual general index stood at 5.57%. At a monthly rate, the National Consumer Price Index #INPC increased by 1.05%.
By component, annual inflation:
?? 4.05%, Underlying
?? 10.36%, Non-underlying?? Check out the press release:… pic.twitter.com/hoSheN7JOh
— INEGI INFORMS (@INEGI_INFORMA) August 8, 2024
#Inflation #Mexico #rises #sharply #July
2024-08-15 14:31:47