Friday, March 24, 2023

Telephony and Internet Beat Inflation: Prices to Fall 7.82% in 2022

2022, which was marked War and inflation in UkraineThe cost of telephone and internet services failed to reverse, on the contrary, their cost fell during the past year.

According to data cited by Inegi, the prices of mobile services (telephony, internet and short messaging) and fixed service packages (internet, pay TV and home telephony) were to decline by 7.82 percent and 8.34 percent, respectively, during 2022. Federal Institute of Telecommunications (IFT).

The organization also assured that for the first fortnight of January 2023 This trend continues.

This means that the cost of mobile services and fixed service package prices were with the biggest drop Seen among products making up the national consumer price index as measured by Inegi.

According to IFT, reduction in telecom prices helped prevent inflation from happening more than seen in 2022Even “the behavior of the prices of said services was of benefit to Mexican families.”

The decrease is significant, IFT said, given that in 2020 households in Mexico spent an average of 347 pesos per month on mobile services and 465 pesos in fixed services, Which represent 1.9 and 2.23 per cent of their income respectively.

Furthermore, the lower prices represented a direct benefit to the 88.6 million Internet users in Mexico, equivalent to 75.6 percent of the population aged 6 years and above.

The report showed that Internet consumers use the service for communication (93.8 percent), information search (89.9 percent), access to social networks (89.8 percent) and training or education support (83.1 percent).

Nation World News Desk
Nation World News Desk
Nation World News is the fastest emerging news website covering all the latest news, world’s top stories, science news entertainment sports cricket’s latest discoveries, new technology gadgets, politics news, and more.
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