How much has inflation increased since 2012?
This means that today’s prices are 1.29 times higher than average prices since 2012, according to the Bureau of Labor Statistics consumer price index. A dollar today only buys 77.519% of what it could buy back then. The inflation rate in 2012 was 2.07%. The current inflation rate compared to last year is now 8.52%.
What is Mexico’s inflation rate in 2019?
Mexico’s annual inflation rate fell to 3.0 percent in September 2019 from 3.16 percent in the previous month, matching market expectations. It was the lowest inflation rate since September 2016, as cost of energy dropped further. Year-on-year, energy prices went down 3.09 percent in September, after a declining 1.53 percent in August.
What will be the inflation rate in Mexico in 2022?
In the long-term, the Mexico Inflation Rate is projected to trend around 3.00 percent in 2022 and 2.80 percent in 2023, according to our econometric models.
What caused the inflation in Mexico in February 2017?
Consumer prices in Mexico jumped 4.86 percent year-on-year in February of 2017, following a 4.72 percent rise in January and above market expectations of 4.82 percent. The inflation rate quickened for the eighth straight month, reaching the highest since March of 2010, mainly boosted by rising energy cost.