Inflation bounces at an annual pace in June



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Propane and propane gas prices with low octane number

MEXICO CITY (El Universal) .- Inflation rebounded in June at an annual rate, slowing the downward trend registered throughout 2018, driven by the increase in LP domestic gas prices, low octane gasoline and electricity, according to information published by Inegi.

After two months down, during June 2018, the National Consumer Prices recorded a monthly growth of 0.39%, the highest rate for this month since 2012.

Thus, inflation at an annual rate of 4.65%, higher than the 4.51% recorded in May, with which reverses the downward trend that had been recorded since January this year.

In addition to liquefied petroleum gas, low – octane gasoline and electricity, goods and services whose rising prices have a greater impact on gasoline. Inflation in the sixth month of the year were: own homes, chicken, food stores, restaurants, torteries and taquerias, orange, air transport, potato and apple.

For generics, whose prices affected the decrease, were: egg, lemon, bananas, toothpaste, papaya, grapes, cars, serrano peppers, shirts and other fresh peppers.

The underlying price index showed a monthly increase of 0.23% and an annual rate of 3.62%; at the same time, the commodity price index rose 0.84% ​​per month, reaching an annual rate of 7.79%.

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