core inflation, which eliminates the prices of the most volatile products, had an advance of 0.50% at a fortnightly rate and 7.47% at an annual rate. A rate higher than that of the last half of May, of 7.32% per year.
Within this index, merchandise increased 0.64% and services 0.33% in the first half of June. And, within merchandise, the item of food, beverages and tobacco had an increase of 0.74% fortnightly and 11.71% at the annual rate.
The non-core index -which includes agricultural products, energy and tariffs authorized by the government- grew 0.49% fortnightly and 9.13% at an annual rate. The prices of agricultural products had an increase of 0.85%, compared to the last fortnight of May,
Among the prices that most influenced the rise in National consumer price indexPotatoes and other tubers stand out, with a fortnightly increase of 16.79%, chicken, electricity, soft drinks and oranges.
But also services such as luncheonettes, toasters and taquerias (0.47% fortnightly), restaurants (.62%) and air transport, with a fortnightly increase of 6.62%.
On the downside, domestic LP gas stands out, with a decrease of 1.52% at a fortnightly rate, lemon, serrano pepper and other foods, including eggs with a drop of 0.49%.
This Thursday the announcement of the decision of monetary politics of Bank of Mexicowhere the market expects the interest rate to rise by 75 basis pointsfollowing the rate hike in the United States.
The task of the Bank of Mexico (Banxico), in addition to returning the price level to a range of 3% +/- one percentage point, will be to prevent medium- and long-term inflationary expectations from skyrocketing, specialists agreed during the Meeting Expansión Analysis of the government price control policy.
