Cancun: The Fourth Most Priced City in Mexico

Cancun is the fourth most expensive city in Mexico. According to the National Consumer Price Index, Cancun is among the cities with the highest inflation.

Cancun: The Fourth Most Priced City in Mexico
The fourth most expensive city in Mexico is Cancun. Photo by sergey sergienko / Unsplash

Cancun is positioned as the fourth most expensive city in the country, registering one of the highest inflation indexes, revealed the National Institute of Statistics and Geography (INEGI).

According to the National Consumer Price Index (INPC), Cancun had a 1.04% increase in basic household consumer products and services in the month of June, compared to the previous month, which was May.

The city with the highest increase was Tepatitl√°n, Jalisco, with 1.38%, followed by the city of Tehuantepec, Oaxaca, which had a price increase of 1.36%; the percentage variation of Fresnillo, Zacatecas, was 1.23%. Cancun was next.

The cities with the lowest price increases were: Tampico, Tamaulipas, with only 0.36%; Merida, Yucatan, which is on the Peninsula, Izucar de Matamoros, Puebla and Leon, Guanajuato, had 0.47%, respectively; La Paz, Baja California Sur, closed the month of June with 0.48%.

Which products increased in price?

The National Consumer Price Index specified that the products with the highest increase in prices were: potatoes and other tubers; oranges, chicken, electric energy, sweet bread, bottled soft drinks; also products offered in restaurants and similar, as well as lunchrooms, fondas, sandwich shops, and taquerias; low octane gasoline.

In contrast, the products and services with the lowest price increases were: Serrano chili, lemons, grapes, poblano chili, onions, other fresh chili peppers, televisions, and Liquefied Petroleum Gas (LP), which in these cases are the most consumed at home tables.

The Revolutionary Confederation of Workers and Peasants (CROC) considered that low-income families are the most affected because most of the time they do not have enough financial resources for the daily acquisition of the products and services that are most required in their homes.