Inflation in Mexico rises to almost 8% in the first half of January

Headline and core inflation both rose in the first half of January, despite efforts by the federal government and Mexico’s central bank to tame the scourge.

The national statistics agency INEGI reported Tuesday that annual headline inflation was 7.94% in the first half of the month.

The figure – slightly above market expectations – is 0.12 percentage points higher than the annual inflation level recorded in the final month of 2022. It is the highest rate since the first half of November, when headline inflation was 8.14%.

SOURCE: Mexico News Daily

 

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