Core inflation stood at 3.87%, exceeding the 3.82% expected by the market, and the non-core index at 7.17% at an annual rate, Inegi reported in a statement.
Within the underlying index, considered a better parameter to measure price behavior, other services and tuition registered the largest increases with 5.96% and 5.79%, respectively, followed by services (5.03%) and housing (4%).
Regarding non-core inflation, fruits and vegetables led the increases, with an increase of 12.81%; Behind them were airports (9.66%), livestock (6.26%) and energy (5.19%).
Compared to the previous fortnight, inflation had an increase of 0.43%.
The biggest increases
The products that registered the highest biweekly percentage variation were:
- Nopales: 18.9%
- Electricity: 18.07%
- Zucchini: 15.56%
- Papaya: 15.51%
- Green tomato: 14.8%
- Air transport: 10.29%
Those who dropped the most
The products that had the greatest decreases were:
- Lemon: -15.02%
- Orange: -8.49%
- Bananas: -6.63%
- Avocado: -4-42%
- Domestic LP gas: -1-86%
In the first half of October 2024, the #inflation annual general was located at 4.69%. The National Consumer Price Index #INPC increased 0.43% at a biweekly rate.
By component, annual inflation was the following:
▪️ 3.87%, Underlying
▪️ 7.17%, Non-core📄 Check… pic.twitter.com/JTcsExxDrY
— INEGI INFORMA (@INEGI_INFORMA)
October 24, 2024