MEXICO ANNUAL INFLATION UP TO 3.55% IN FEBRUARY


In Mexico, consumer prices rose 3.55 percent in the year through February, therefore breaking the downtrend tendency that had been in place since last October. The rise results from the general price increase registered in all CPI categories.

The categories which recorded the highest price increases were: livestock (9.2 percent); energy (5.5 percent); food, alcoholic beverages and tobacco (4.6 percent) and education (4.55 percent).

On a monthly basis consumer prices rose 0.49 percent in February, up from the 0.4 registered in the previous month. The jump was mainly caused by 27.9 percent increase in mobile phone tariffs.
 
Moreover, the core index which strips out some volatile food and energy prices rose 0.51 percent in February of 2012.
 

Duarte Ricardo | duarte.ricardo@tradingeconomics.com
3/7/2013 2:16:45 PM