Within the underlying component, the services increased 0.39% monthly, while the goods rose 0.22%.
Meanwhile, non -underlying inflation – which includes agricultural and energy – registered a monthly variation of only 0.13% and an annual rate of 1.14%, a deceleration with respect to 10.36% observed in July 2024.
Egg prices and own housing
Among the goods and services that prosecuted prices in July were the egg, their own house, the lonchartry, fondas and taquerías, as well as air transport. On the contrary, products such as chicken, grapes, avocado and tomato showed low pricing.
The Bank of Mexico, which has an inflation target of 3% +/– a percentage point, reduced last month of the anchoring point at a percentage point, although the decision of the Government Board of five members was not unanimous, since the subgovernor, Jonathan Heath voted for leaving it without changes.
According to the minute of the meeting, the four officials who supported the cut – the consecutive room of that magnitude – said that the authority could adopt a more gradual approach in future decisions, as inflation shows signs of deceleration and economic activity advances slowly. The market awaits a 25 -point cut cut in the next monetary policy decision, which is announced today, August seven.
