Puerto Vallarta and Mexico News

Puerto Vallarta and Mexico News

Inflation in Mexico reached 8.62% in the first half of August, the highest figure in 24 years

The increase in prices of products and services continues to be unstoppable in Mexico. This Wednesday, the National Institute of Statistics and Geography (Inegi) announced that during the first fifteen days of August, the National Consumer Price Index increased 0.42% compared to the previous fortnight, so inflation reached 8.62%.

According to Inegi, this is the highest rate for that period since 1998, when it reported an increase of 0.52%.

Within the report, the National Institute of Statistics and Geography detailed that the underlying price index -from which goods and services whose prices . . .

Read Full Story

Related Posts

Puerto Vallarta Keeps Billboards Off Its Skyline Again

Puerto Vallarta Keeps Billboards Off Its Skyline Again

State and city officials say Puerto Vallarta will keep billboard-style ads out, renewing a fight...
Eight-Car Crash Snarls Puerto Vallarta Airport Route

Eight-Car Crash Snarls Puerto Vallarta Airport Route

An eight-car crash near Puerto Vallarta airport closed lanes, delayed travelers, and exposed how fragile...

Lake Chapala and Ajijic Week in Review: What Residents Need to Know

Ajijic and Lake Chapala saw movement on cable work, transit, tourism, lake levels, sports, health...
Cancun beach restoration

Cancún Week in Review: What Residents Need to Know

Cancún’s week brought anniversary events, bridge updates, planning debates, health investments, sargassum prep and public...