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 . . .