Sunday, October 1, 2023

Annual inflation in Monterrey remains at a rate of 4 percent Grupo Milenio

The Annual inflation (from August 2022 to August 2023) is 4,163 percent in the Metropolitan Area of ​​Monterrey, while the monthly rate is 0.481 percent, according to the report made by the Economic Research Center of the Faculty of Economics of UANL.

According to monthly measurements made by CIE, the products registered at the highest price is the rfresh drink, corn tortillas, ham, lemon and sausage which represents a greater proportion of spending by low-income families.

annual inflation remains above 4 percent since April 2021 and below the peak of 10.693 percent reached in June 2022.

CIE points out that, on the other hand, the royal families with low incomes faced inflation of 5,028 percent which more affected the increase in the price of basic products such as corn tortilla, lemon, ham and sausages.

The monthly inflation faced by the region with the lowest income is higher than that faced by Monterrey with average income because, during the month, the price of essential products such as lemons, onions, beans, etc. , promoting the rise in electricity prices.

“The annual inflation in the Monterrey Metropolitan Area is in line with the national inflationary deceleration trend, this amount will be the lowest in 2023, which is explained by the reduction in the price of energy sources such as electricity. , natural gas and LP gas,” indicates the CIE report.

The report states that the group of food, drink and tobacco The increase in the price of ham, onions, lemons, avocados, etc., stands; in it transportation and communication The increase in the price of subway tickets and air transportation shows; in the education and entertainment The price of tourist packages and expenses – which are only considered in the general CPI – have decreased in addition to the decrease in the price of school supplies; In housing, the increase in the price of electricity energy stands out, mainly; In furniture, appliances and household goods, the price of the integral kitchen has increased.

Like the price of detergents, on the other hand, the price of toilet paper decreased; In clothing and footwear, reduced prices on men’s and women’s denim pants and men’s shoes. In health and personal care, the price of toothpaste and lotion and perfume has decreased.

Nation World News Desk
Nation World News Desk
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