### Inflation in Mexico Falls to 3.67% in Mid-March 2025
In mid-March 2025, Mexico’s annual inflation rate dropped to 3.67%, as reported by the National Institute of Statistics and Geography (INEGI) on March 24, 2025. The National Consumer Price Index (INPC) registered a modest increase of 0.14% compared to the previous period, marking the lowest rate for this time frame since 2020.
Several goods and services contributed to the decline in inflation during this period. Prices for low-octane gasoline decreased by 1.32%, while other notable reductions included onion (-6.04%), eggs (-0.84%), potatoes (-2.67%), sanitary towels (-2.96%), chicken (-0.37%), skin creams (-1.68%), chayote (-9.17%), nopales (-5.58%), and other vegetables and legumes (-1.95%).
Conversely, certain items saw an increase in their prices, contributing to inflation. Beef prices rose by 1.53%, self-owned housing by 0.14%, air transportation by 6.09%, and food services such as lunch counters, diners, torta shops, and taquerias by 0.24%. Green tomatoes saw a significant increase of 10.45%, while restaurants and similar establishments experienced a rise of 0.37%, detergents by 1.11%, perfumes by 2.65%, and lemons by 9.02%.
The core price index, which considers less volatile goods and services, experienced a growth of 0.24% in the first half of March, with an annual increase of 3.56%, slightly lower than the 3.66% recorded in the previous period. Within this index, the prices of goods rose by 2.92%, and services by 4.25%, compared to the same period last year.
Meanwhile, the non-core price index decreased by 0.19% over the fortnight, with an annual increase of 3.89%, compared to the 4.18% rise seen in the preceding period. Agricultural product prices climbed 4.22% on an annual basis, while energy prices and government-authorized tariffs increased by 2.96%.
Lastly, the Minimum Consumption Basket Price Index, which evaluates the prices of 176 essential products and services, recorded a fortnightly variation of 0.07% and an annual increase of 3.50%, while it had grown by 0.17% and 4.03% during the same period in 2024, respectively.
### Recent Economic Developments in Mexico
In related economic news, Mexico has seen a number of pivotal developments in recent weeks:
– **Mexico Champions Nations League**: On March 23, 2025, Mexico secured a victory in the Nations League, showcasing its prowess on the international sports stage.
– **Police Operations in Tijuana**: On the same day, the Tijuana police detained six men with outstanding arrest warrants, highlighting the ongoing efforts to combat crime in the region.
– **Road Mishap in Nuevo León**: A tragic incident occurred in Nuevo León on March 23, 2025, where 12 people lost their lives and 4 others were injured in a vehicular accident.
– **Corredor 2000 Toll Lanes**: Amidst discussions of privatization, the Corredor 2000’s toll lanes will not be privatized, according to Ávila Olmeda. This decision maintains the current status of these critical transit routes.
– **Political Shifts in Tijuana**: The Colosista Republican Party displaced the PRI during a commemorative event for Colosio in Tijuana, signaling a shift in the political landscape of the region.
These economic and political events continue to shape the evolving landscape of Mexico, influencing both local and national affairs.