Inflation loses pace in March due to agriculture and energy

The lower dynamism was encouraged by a decrease in agricultural products of 0.67%, and energy and tariffs authorized by the government that fell 0.36% at a monthly rate.

However, the core price index -considered a better parameter to measure inflation, by removing the most volatile prices- advanced 0.52% in March, which is higher than the expected increase of 0.50%.

With this, core inflation increased 8.09% at the annual rate. Within this index, the prices of merchandise increased 0.45% and those of services 0.62%, at a monthly rate.

On the other hand, the non-core index -which includes energy prices and rates authorized by the government- fell 0.50% at the monthly rate and rose 3.27% at the annual rate.

Products that dropped more in price

Domestic LP gas fell 4.16% at a monthly rate during March, being one of the products with the greatest reduction in its price and the greatest downward incidence in general inflation.

They are followed by tomato (-6.87%), nopales (-21.33%), chicken (-0.92%), serrano chili (-10.72%) and natural domestic gas (-6.34%).

Products and services with the highest increase

Air transport was the one that had the greatest monthly variation and incidence in inflation during March, with prices 25.99% higher than during February.

They are followed by lemons (26.73%), own homes (0.32%), packaged tourist services (8.59%), restaurants (0.92%) and tortillas (1.1%).