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Mexico: Inflation increases for third successive month in July August 7, 2020 Consumer prices rose 0.66% in July over the previous month, which was above the 0.55% increase logged in June.

Looking for forecasts related to Inflation in Mexico? Consumer prices rose 0.55% in June over the previous month, following the 0.38% increase logged in May. Business / Headlines | By sanmigueltimes .

Mexican inflation … Turkey's central bank on Wednesday revised its year-end inflation forecast to 8.9% for 2020, up from 7.4%. The Trading Economics Application Programming Interface (API) provides direct access to our data. Besides, the prices of energy and agricultural products could continue to exhibit high volatility.The agency chaired by Julio Santaella said that core inflation, which does not take into account the products with high volatility in their prices, grew 0.40% per month, which stood at 3.85% annual rate.

Rodriguez was previously Patrón’s director general.

Exports decreased 12.8% year-on-year in June, substantially less than May’s 56.7% collapse. Inflation Rate MoM Consumer prices rose 0.66% in July over the previous month, which was above the 0.55% increase logged in June. Mexico inflation rate for 2019 was 3.64%, a 1.26% decline from 2018.

The CPI inflation rates in the table are presented both on a monthly basis (compared to the month before) as well as on a yearly basis (compared to the same month the year before). Inflation Rate MoM Mexico: Inflation increases for third successive month in July August 7, 2020 Consumer prices rose 0.66% in July over the previous month, which was above the 0.55% increase logged in June.

Jun 24, 2020 2:16PM EDT. Trading Economics members can view, download and compare data from nearly 200 countries, including more than 20 million economic indicators, exchange rates, government bond yields, stock indexes and commodity prices. Remittances totaled USD 3.5 billion in June (May: USD 3.4 billion), representing a 11.1% jump from the same month a year ago and accelerating strongly from the 3.0% rise recorded in May.

Reference Inflation Rate MoM According to a preliminary reading, GDP collapsed 18.9% year-on-year in the second quarter, more severely than the 1.4% contraction tallied in the first quarter but slightly above market expectations. Contributor. Inflation Rate MoM

As to non-underlying inflation, a component that takes into account the products with high volatility in prices such as energy and agricultural products registered a rise of 1.48% monthly and 2.92% annually.In the underlying price index, goods rose 0.64% and services 0.13% per month. Banco de México influences inflation expectations and interest rate through the Monetary policy in order to create an atmosphere of stable low inflation and proper conditions for steady growth and the formation of constant workplaces. The inflation rate is based upon the consumer price index (CPI). MEXICO (Times Media Mexico/Excelsior) – During July the National Consumer Price Index (INPC) registered a rise of 0.66% over the previous month.

Given the effects of the depreciation of the exchange rate and the interruption in the supply of goods and services, among others, underlying inflation has resisted falling, and some of its components have even been pushed up. Mexico inflation rate for 2018 was 4.90%, a 1.14% decline from 2017. The result was largely driven by a strong rebound in prices for food and non-alcoholic beverages. Download a sample report now.Never miss out on our latest data, analysis and industry events.