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'Nightmare' inflation: It climbs to 5.61% in the first half of July, its highest level in a year

Summary by El Financiero
Inflation in Mexico accelerated its upward streak and 'climbed' to 5.61 percent annually in the first half of July, according to data released this Wednesday by the National Institute of Statistics and Geography (Inegi). This was the third fortnight in which general inflation accelerated. In addition, the reading of 5.61 percent per year is the highest in 14 months, that is, since the second half of May last year, when it was 5.67 percent per ye…
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