LatinNews Daily - 25 August 2022

In brief: Mexico’s inflation continues upwards trend

* Mexico’s national statistics institute (Inegi) has released its latest figures on the national consumer price index (INPC) which showed an increase of 0.42% in the first two weeks of August, as compared to the previous two weeks. This brings annual inflation to 8.62%, the highest level in over two decades. With this figure, inflation is currently above market expectations. The latest survey of experts carried out by local bank Citibanamex, released on 22 August, forecast inflation would not exceed 8.52% in August.

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