Mérida is at the top of the list when it comes to inflation in the country.
During the first six months of the year, Mérida has stood out as the third most expensive city in Mexico, with inflation of 5.70 percent. Only Oaxaca, with 6.36 percent, and Tapachula, with 6.31 percent, have surpassed the Yucatecan capital in terms of price increases.
According to figures from the National Institute of Statistics and Geography (Inegi), last June, Mérida recorded an inflation of 5.82 percent, the second highest of the year for the city.
At the national level, the National Consumer Price Index (INPC) reported an inflation of 4.98 percent in the first six months of the year. This increase represents an acceleration of inflation for the fourth consecutive month, reaching its highest level since June of last year when it stood at 5.06 percent.
This situation has been driven mainly by the increase in the cost of fruits and vegetables, which went up by 19.73 percent in annual comparison, while livestock products registered an increase of 2.89 percent.
In addition, energy and government-authorized rates showed an inflation of 5.28 percent, reflecting the impact of increases in these sectors. On the other hand, core inflation, which excludes goods and services with more volatile prices, continued to slow in June, reaching a level of 4.13 percent.
Within underlying inflation, the merchandise category reported inflation of 3.28 percent, while services experienced greater pressure with a price increase of 5.15 percent. This data reveals that while some sectors are showing a slowdown, others continue to face significant increases in their prices.
In general, the prices of agricultural products showed an annual inflation of 10.36 percent, accelerating for the fourth consecutive month. Internally, fruits and vegetables recorded an annual inflation of 19.73 percent in June, their highest reading in five months.
Of the fruits and vegetables with the greatest impact on inflation, it was observed that chayote had a monthly inflation of 128.58 percent in June; orange, 31.37 percent; avocado, 17.65 percent and bananas became 13.98 percent more expensive.
The other non-core item, referring to energy and tariffs authorized by the government, showed an inflation of 5.28 percent annually in June, from 4.20 percent in May.
The inflationary situation in Mérida and the rest of the country reflects the current economic challenges, where various factors, such as increases in food and energy, continue to affect the cost of living of citizens.
TYT Newsroom
