Economy & Business - September 2024

MEXICO | Annual inflation slows. On 9 September Mexico’s national statistics institute (Inegi) reported that the consumer price index (INPC) increased by 0.01% in August compared to the previous month. This brought the annual inflation rate to 4.99%, down from 5.57% in July and breaking five consecutive months of annual increases. The core inflation rate, which excludes volatile items, rose by 0.22% in monthly terms and 4.00% in yearly terms, down from 4.05% in July.