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September 11, 2022
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Inflation reaches 8.7% in August; the tortilla, the bread and the onion go up

Inflation reaches 8.7% in August;  the tortilla, the bread and the onion go up

The National consumer price index slightly exceeded market expectations. A Reuters poll previously noted that the median of 16 estimates put an annual headline inflation rate of 8.67%.

The Underlying inflation continued to increase in August, now at a monthly rate of 0.80% and 8.05% at an annual rate. With 21 consecutive months on the rise . This component is considered a better parameter to estimate the trajectory of inflation in the medium and long term, since it excludes the most volatile prices in the economy.

Within core inflation, the prices of goods They increased 1.14% and those of services 0.39%.

And, again, the ruby ​​called Food, Drinks and Tobacco had one of higher incrementswith a monthly rate of 1.43% and a annual of 12.94%. And if you consider only food and non-alcoholic beveragesin August the prices were 14.22% higher than a year before.

Although it is also worth noting a monthly increase of 1.12% in the prices of tuition fees, same that reached an annual rise of 3.68%, in the midst of a more generalized return to face-to-face classes. The prices of the living placemeanwhile, rose 0.28%.}

prices of restaurants and hotels are 10.91% higher that in August 2021.

And the tacos? The prices of tortillas and onions grow even more

The non-core inflationfor its part, increased 0.39% at the monthly rate and 10.65% in your comparison annual. And within this index, agricultural products rose 0.98% monthly and the energy and rates authorized by the government they fell 0.11%.

In August, the price of onion presented one of the largest increases, with a monthly variation of 54.41%. This product was followed by prices in lunch shops, inns, torterías and taco shopswith a rise of 1.20% monthly.

The corn tortilla also increased 2.41% compared to July prices and the dad it did so at 6.38%. While the sweet bread it rose almost in the same proportion, at a monthly rate of 2.24%.

In contrast, the price of avocado I know reduced 16.07%the one from chicken 3.16%the domestic LP gas it fell 1.83%at monthly rate.



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