Inflation in Mexico closes May at 7.65%

The annual headline inflation in Mexico closed the month of May at 7.65%, according to data from the National Institute of Statistics and Geography.

The figure is 0.07% higher than those registered in the first half of Maywhen inflation showed a slight deceleration and stood at 7.58%.

The INEGI indicated that during May 2021, annual general inflation was 5.89%; that is, almost two percentage points less than the current figure.

The core price index registered an increase of 0.59% monthly and 7.28% annual in May, while the non-core price index fell 1.02% monthly and increased 8.77% annual rate.

According to INEGI data, foods such as oranges and avocados were the products whose prices had the greatest impact on general inflation.

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