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

Royal Caribbean Mahahual Plan Clears Key Court Hurdle

Royal Caribbean Mahahual Plan Clears Key Court Hurdle

A court ruling lifts one legal brake on Royal Caribbean’s Mahahual project, but environmental review...
Puerto Vallarta Hosts 36th International Sports Classic

Puerto Vallarta Hosts 36th International Sports Classic

Puerto Vallarta’s 36th International Sports Classic brings basketball, soccer, tennis and a Sunday charity run...
Cancún Police Certification Plan Seeks Public Trust

Cancún Police Certification Plan Seeks Public Trust

Cancún is advancing a police certification process focused on training, protocols, oversight and professional standards.
Posadas Plans 1,000 Rooms for Riviera Cancún

Posadas Plans 1,000 Rooms for Riviera Cancún

Grupo Posadas plans a 1,000-room Riviera Cancún complex, adding another major resort project to Mexico’s...