At the close of the first quarter, general inflation in Mexico affected more average income households, according to data from the National Institute of Statistics and Geography (INEGI).
In March, the National Consumer Price Index (INPC) registered an increase of 0.31 percent, according to market expectations. In annual terms, general inflation experienced a slight promotion, from 3.77 percent in February to 3.8 in March, its second consecutive interannual increase.
According to INEGI data, March inflation represented a respite only for the highest income sectors, with an annual inflation of 3.71 percent, while for homes with income between three and six minimum wages, as well as those that receive between one and three, their price increases amounted to 4.14 and 3.93 percent annual, respectively.
For their part, lower income households were those that showed the lowest annual variation in March, with 3.43 percent.
According to INEGI, the most vulnerable households in the country (up to a minimum wage) resented inflation of 0.36 percent in the first quarter, those of one to three salaries, of 0.76 percent, and those of three to six, of 1.11 percent.
In March, the 4.24 percent increases highlighted to food and non -alcoholic beverages among those who receive between three and six salaries; For the vulnerable sectors the rise was 1.69 percent per year. Educational services also for the average income sector.
Livestock products (beef, shrimp, fish) and in services related to tourism (air transport and tour packages) rose in March. The latter usually begin to rise before Holy Week.
On the other hand, the setbacks in energy (gasoline) and fruits and vegetables (onion, potato, chayote) highlighted. The merchandise section grew at its greatest pace in seven months, to some extent due to a low comparison base, exchange depreciation and possible effects of the increase in tariffs to countries without free trade.