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Mexico Inflation Picks Up to 3.42% in First Half of September on Fruit and Vegetable Prices

Mexico Inflation Picks Up to 3.42% in First Half of September on Fruit and Vegetable Prices

Hadidja Djohar

Hadidja Djohar

Sep 24·1
185

Mexico's inflation rate rose to 3.42% in the first half of September, accelerating from the prior period, according to data from the national statistics agency INEGI reported by La Jornada. The increase was driven mainly by higher prices for fruits and vegetables, the outlet reported.

Several other outlets carried the same INEGI figure. El Economista reported that tomatoes, onions and school tuition led the price increases during the period. El Financiero also covered the acceleration and focused on which food items rose the most. Expansion reported that the reading came in above what had been expected.

The data cover the first two weeks of September, a period when Mexican households typically face seasonal pressure on fresh produce prices. La Jornada attributed the acceleration to the rise in fruit and vegetable costs.

mexico inflation
mexico inflation

The reports did not include the specific price changes for individual items beyond the categories named by El Economista. No full breakdown of the underlying index components was available in the source material.

What to watch next: whether the acceleration continues into the second half of September and how food prices, particularly fresh produce, move in the coming weeks.

#mexico inflation#inegi#fruit and vegetable prices#first half september#mexico economy

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