By gasolinazo, prices rise 1.7% in January, its highest level in 18 years – The Universal

mainly strong increase of petrol and LP gas, the inflation in the first month of the year was the highest in the past 18 years.

During January, 2017, the National Index of Consumer Prices presented a monthly increase of 1.7% its largest increase since January 1999, when it reached a rise of 2.53%, according to the latest data released by the Inegi.

the Result of the above, the annual inflation at the start of 2017 stood at 4.72%, their highest level since September 2012, when the annual variation stood at 4.77%.
however it should be noted that the impact of the so-called gasolinazo and the month of January was in the property of family consumption, at the expense of the budget of families with lower purchasing power.

In effect, the national index of prices of the consumer basket reported a rise in monthly 4.43%, its largest increase since December of 2016. With which the annual rate reached 7.26%.

goods and services with greater impact whose prices had the greatest impact on the inflation in January, jurisdiction: gasoline low-octane, with a rising monthly 16.81%; domestic gas LP, 17.85%; high-octane gasoline, 21.73%; loncherías and inns, 1.24%; automobiles, 1.9%; tortilla, 2.47%; city bus, 4.03%; lemon, 34.32%; and home of their own, 0.24%.

The index of prices underlying, which does not include the goods and services whose prices are more volatile, registered a monthly growth of 0.58% and an annual rate of 3.84%, while the price index does not underlying reported a monthly increase of 5.14% and 7.40% per annum.

The interior of the index of prices underlying the sub-index of goods rose 0.93%, and the services is 0.28%.

Within the price index does not underlying, the sub-index of agricultural products declined by 0.88% monthly rate, at the same time that energy prices and tariffs authorized by the government rose 8.96%.

tcm