inflation

The National Alliance of Small Businesses (Anpec), disclosed that soft drinks, bread, dairy products, cigarettes, and other products presented a price increase attributed to higher costs in the supply chain for different businesses

Driven by the increase in the price of goods and services such as tomatoes, air transport, low octane gasoline, and domestic LP gas

The price will increase between MXN$1.50 and MXN$3 per kilogram since gas, electricity, and maize prices are rising as well

On December 14, Banxico raised the benchmark interest by 25 bps to 7.25% per year, the highest percentage since March 2009

With a rise of 6.63%, annual inflation rate exceeds wage growth; Mexico's first loss in eight years

LP gas presented the highest increase as it stood at 33.64%

On September, 36,267 workers received an average wage increase of 5.1% while the annual inflation rate stood at 6.35%

Significant progress was made because, in Mexico City, public transport such as subway and Metrobus provided services free of charge after a 7.1-magnitude earthquake hit the country on September 19

Supply shortage and price increase are expected in the short term

The average monthly rate of prices increased 0.49%