Puerto Vallarta News

Puerto Vallarta News

Inflation in Mexico Continues to Accelerate

Puerto Vallarta, Mexico - In June, consumer inflation in Mexico continued its upward trajectory, marking the fourth consecutive month of acceleration and remaining outside the Bank of Mexico’s (Banxico) target range. Data released by the National Institute of Statistics and Geography (Inegi) revealed that the National Consumer Price Index (NCPI) saw a monthly increase of 0.38%, bringing the annual inflation rate to 4.98%.

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