Mexico: Inflation rises in August
Consumer prices increased 0.58% from a month earlier in August, on the heels of a 0.54% month-on-month climb in July. However, core consumer prices—which exclude volatile categories such as fresh produce and energy—rose 0.25% month-on-month in August, decelerating from July’s 0.29% uptick.
Inflation rose in August, climbing to 4.9% from 4.8% in July. Meanwhile, core inflation was stable from a month earlier at 3.6%.