During the month of March, the inflation index in the city of Mérida began to stabilize compared to the previous month, registering 8.80 percent.
According to data from the National Institute of Statistics and Geography (INEGI), the inflation registered in the city of Mérida placed it as the third with the highest prices in the country.
Compared to February, the inflation index for the third month of the year showed a decrease of 1.18 percent, registering 8.80 percent versus 9.98 percent last February.
As for the items that registered a higher increase in their prices during this period, lemon with a monthly variation of 26.73 percent, air transportation with a variation of 25.99 percent, and package tourist services, presented a variation of 8.59 percent.
On the other hand, the items that presented a decrease in their prices were nopales, with a decrease of 21.33 percent; cucumber, with a decrease of 15.93 percent, and natural domestic gas, with a decrease of 6.34 percent.
At the national level, the same Inegi report points out that inflation in Mexico slowed down in March 2023 for the second consecutive month and reached 6.85%, a level that is even below that recorded in the same period but in 2022.
However, the underlying price index, which has to do with merchandise and services, increased 0.52% monthly and 8.09% annually. In fact, merchandise prices increased 0.45% and services prices increased 0.62%.
It is worth noting that although inflation in Merida remains stable, global economic uncertainty could affect the prices of goods and services in the city in the coming months.
The president of the National Chamber of Commerce, Services and Tourism of Merida (Canaco Merida), Levy Abraham Macari, highlighted that the stabilization of inflation in the city during the past month of March is good news for the business sector, as it allows for greater certainty in the prices of goods and services, which in turn facilitates business decision making.
The business leader pointed out that stable inflation is fundamental to protect the purchasing power of consumers and to maintain the competitiveness of companies in the market.
However, he emphasized that the business sector must be attentive to changes in the inflation index in the coming months, especially in view of the economic uncertainty being experienced worldwide.
TYT Newsroom
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