Term
INPC (consumer price index)
Índice Nacional de Precios al Consumidor: the index INEGI publishes twice a month that tracks the price of a basket of goods and services. Its yearly change is Mexico's inflation rate.
In pesos: When the news says “inflation was 4.2%”, it means the INPC is 4.2% higher than twelve months ago.
Where to go deeper
3/4 5 min Read What inflation is, and how it hits you Why the same money buys less over time, how a raise can still be a pay cut, and what central banks are actually doing when they raise rates.More terms on the same topic
Educational content only: not financial, investment or tax advice. The numbers are examples to understand the idea, not a forecast or a recommendation.