Five entities reach record figures in inflation in Mexico

Published 2021년 7월 13일

Tridge summary

In June, Mexico's five largest economies experienced record inflation due to the loosening of sanitary restrictions, increased LP gas costs, drought, and supply chain disruptions. Mexico City saw the highest inflation at 5.53%, with significant price increases in air transport, domestic gas LP, and other products, and significant decreases in chile serrano, onion, and lamps. Other states like Nuevo León, Jalisco, Puebla, and Tlaxcala also reported high inflation rates, with the most significant increases being in energy, food, beverages, and tobacco.

Disclaimer:The above summary was generated by Tridge's proprietary AI model for informational purposes.

Original content

During June of this year, five entities in the country registered record figures in their annual inflation level: Mexico City, Nuevo León, Jalisco, Puebla and Tlaxcala. The relaxation in sanitary restrictions for the economic sectors and mobility, the increase in the costs of domestic LP gas, the drought that impacted on supplies and the interruptions in the supply chains were some factors that drove demand and therefore, prices sped up. According to Inegi data, Mexico City, the country's main economic engine with a contribution of 16.0% of the Gross Domestic Product (GDP), observed an increase in its consumer price index of 5.53% at an annual rate in the sixth month of 2021. For the capital, it was the highest inflation presented since there are records (Inegi began the statistical base by state of this indicator in August 2018). The generic products with the highest annual variations in their prices were air transport (33.31%); domestic gas LP (31.55%); lemon (26.26%); tomato ...

Source: Informador