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Mexico inflation rises to 3.45% in September
Mexico's annual inflation rate rose to 3.45% in September, according to data from the National Institute of Statistics and Geography (INEGI). This represents an increase from the 3.26% recorded in August and places inflation above the 3% target set by the Bank of Mexico, though it remains within the institution's tolerance range.
Monthly consumer prices increased by 0.42%. The rise was driven largely by non-core inflation, which grew by 1.20% monthly, while core inflation saw a more modest increase of 0.20%.
Significant price pressures were observed in the food and vegetable sectors. Tomato prices experienced a sharp monthly increase of 30.25%, and onion prices rose by 23%. Other notable increases included domestic LP gas, which climbed 3.14%, and various fruits and vegetables, which saw an annual increase of 8.78%.
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Claims
What the coverage asserts, and how many sources carry each claim.
- [● 2 SOURCES] Domestic LP gas prices rose by 3.14% in September. www.acierta.mx
- [○ 1 SOURCE] Non-core inflation rose by 1.20% monthly.
- [DISPUTED] Core inflation rose by 0.20% in September.
- [● 2 SOURCES] Onion prices increased by 23% in September. www.acierta.mx
- [DISPUTED] The monthly consumer price index increased by 0.42% in September. www.acierta.mx
- [DISPUTED] Mexico's annual inflation rate reached 3.45% in September. www.acierta.mx
- [● 2 SOURCES] Tomato prices rose by 30.25% during the month of September. www.acierta.mx