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

San Miguel Race Brings 12000 Visitors and Tourism Boost

San Miguel Race Brings 12000 Visitors and Tourism Boost

La Classicissima brought 1,100 cyclists and 12,000 attendees to San Miguel, adding more than 15...
Mexico’s First World Cup Squad Picks Start Countdown

Mexico’s First World Cup Squad Picks Start Countdown

Mexico named 12 Liga MX players for its first World Cup preparation group, starting the...
Four Women Killed Near Culiacán Market in New Attack

Four Women Killed Near Culiacán Market in New Attack

Authorities are investigating the killing of four women near Culiacán’s Rafael Buelna market as feminicide...
COMUSIDA data leak HIV Puerto Vallarta

Puerto Vallarta Plans AIDS Memorial Vigil for May 15

Puerto Vallarta will hold an AIDS memorial vigil on May 15, combining remembrance with a...