Introduction to Price Fluctuations in Mexico
In the first half of August, several essential food items became more affordable for Mexican consumers. According to data from the National Institute of Statistics and Geography (Inegi), products like tomatoes, eggs, and chayote experienced a price drop. This development comes as the National Consumer Price Index (INPC) reported a 0.02% decrease compared to the previous quarter, placing inflation at 3.49%.
Key Price Reductions
Among the most accessible items were:
- Chayote: Whether enjoyed as a stuffed dish with tuna or scrambled with eggs, chayote has become more budget-friendly.
- Tomatoes: These versatile vegetables have seen a decrease in price, offering relief to shoppers.
- Eggs: Another essential item that has become more affordable, helping to ease the burden on consumers’ wallets.
- Chicken: Prices for this popular protein source have also dropped, contributing to overall affordability.
Price Increases in Specific Sectors
While some food items became more affordable, other sectors experienced price hikes. Notably, lunch spots like loncherías, fondas, torterías, and taquerías saw a 0.38% increase due to high demand from working-class individuals during mealtime.
Notable Price Increases in Select Ingredients
Some key ingredients saw significant price increases, affecting popular dishes:
- Chile serrano: With a 12.87% increase, this ingredient used in chilaquiles and other dishes has become more expensive.
- Beef: At 0.50%, the price of beef has also risen, impacting various recipes.
- Detergents: A 0.89% increase in detergent prices may affect household budgets.
- Lemon: Essential for beverages, tacos, and salads, lemon prices have risen by 5.93%.
Additional Price Changes
Here’s a list of other notable price changes:
- Owning a home: 0.14%
- University tuition: 1.11%
- Skin creams: 1.45%
- Toilet paper and disposable napkins: 0.66%
Key Questions and Answers
- Q: Which food items became more affordable? A: Tomatoes, eggs, chayote, and chicken experienced price reductions.
- Q: What sectors saw a price increase? A: Lunch spots like loncherías, fondas, torterías, and taquerías experienced a 0.38% increase.
- Q: Which ingredients had notable price increases? A: Chile serrano (12.87%), beef (0.50%), detergents (0.89%), and lemons (5.93%) all saw significant price hikes.
