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RickS
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ASSOCIATED PRESS

MEXICO CITY – Mexico’s annualized inflation rate hit 8.15% in July, the highest in more than two decades, the national statistics institute announced Tuesday. But inflation in prices for food and non-alcoholic beverages is even higher, with prices rising 14.5% over the last 12 months.

 

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The spiking energy costs in the UK  have  little or nothing to do with chasing zero emissions… The main cause is supply and demand just the same as inflation… the global pressures on the wholesale gas and oil spot markets due to the Russian situation and an increase in demand from the Asian market . The UK government energy price cap was raised in April due to import costs and will probably be raised again in October.

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On 8/10/2022 at 10:35 AM, RickS said:

ASSOCIATED PRESS

MEXICO CITY – Mexico’s annualized inflation rate hit 8.15% in July, the highest in more than two decades, the national statistics institute announced Tuesday. But inflation in prices for food and non-alcoholic beverages is even higher, with prices rising 14.5% over the last 12 months.

 

I was wondering why the Peso has been drifting stronger these past few days..I wonder how much the MX debit has know risen

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