Inflation slows for second consecutive month

After the rebound that it registered in July of this year, when it went from 4.98% in June to 5.57%, inflation has accumulated two consecutive months of deceleration.

Analysts expected general inflation of 4.62% and the underlying index at 3.94%, according to the Citibanamex survey.

Within the underlying index, detailed the National Institute of Statistics and Geography, other services (6.07%), education (5.79%), and services (5.10%), registered the largest increases.

Due to non-core inflation, the largest increases were recorded in fruits and vegetables (7.65%), energy (6.92%) and agricultural products (6.76%).

By the end of 2024, participants in the Citibanamex survey expect the INPC to be 4.44%, a level lower than the 4.55% in the previous survey.

Those who rose the most

According to Inegi, these were the products that registered the highest monthly variation:

• Lemon: 22.23%
• Papaya: 15.28%
• Other fruits: 6.40%
• Primary: 5.66%
• Taxi: 1.42%

Those who fell the most

These were the products that registered the greatest decreases in September:

• Chayote and orange: 20.90%
• Tomato: 17.54%
• Zucchini: 16.06%
• Professional services: 14.84%
• Bananas: 10.95%