General inflation in the Mexican economy grew 0.30% in the first fortnight of February and stood at 7.76% annually, the National Institute of Statistics and Geography (INEGI) reported Thursday.
“In the first fortnight of February 2023, the National Consumer Price Index rose 0.30% concerning the previous fortnight. With this result, annual headline inflation stood at 7.76%,” the report indicates.
In the same period of 2022, biweekly inflation was 0.42%, and annual inflation was 7.22%.
Consumer prices reached their highest levels in two decades in 2022, which prompted Mexico’s central bank to raise interest . . .