Monday, October 2, 2023

Health inflation continues to rise

Prices of health and personal care goods and services continue on an upward path, according to figures from the National Consumer Price Index (INPC).

The inflation of these items is 7.96 percent per year in August 2023 at the national level, but entities such as Baja California Sur and the state of Mexico reported the largest increase in the price of health, with 10.2 and 10 percent, respectively. respectively.

“The annual change in the prices of this item remains an upward path, due to the increase in the prices of its inputs, as well as the recovery that sustains the demand for this type of goods,” said by Alejandro Padilla, deputy general director. in the economic and financial analysis of Banorte.

For its part, in Nayarit and Guerrero the increase in prices is the lowest in the country at the time, with 6.02 and 6.1 percent per year.

However, for families with an income of one and three minimum wages, health inflation remained at 6.82 percent, surpassing households with up to one minimum wage (6,200 pesos per month), whose health tax 6.72 annual percentage in August.

According to the INPC, the price of health and personal care goods and services for families with income above six minimum wages (37,400 pesos per month) increased by 6.46 percent.

National inflation of drugs and devices rose 7.16 percent year-on-year in August; analgesics, 9.64; flu, 10.48; anti-inflammatory, 9.29; cardiovascular, 6.94; dermatological, 6.28; stomach, 8.49; homeopathic and natural remedies, 6.21; healing material, 8.51; clinical analysis, 4.91; medical care during childbirth, 7.77; total hospitalization, 7.97, and for childbirth, 6.63 percent.

It affects the poor more

National consumer inflation in August 2023 grew 4.64 percent at an annual rate. The inflation tax is set at 4.82 percent for low-income families, due to the continued high cost of food, with an inflation rate of 7.39 percent in August compared to the same month in 2022.

And these households have suffered greater inflation in the past 17 months.

Nation World News Desk
Nation World News Desk
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