translated from Spanish: Inflation reaches new maximum in the year

In the first fortnight of May 2019, the National index of Consumer Prices (INPC) recorded a decrease of 0.30% compared to the previous fortnight, and showed an annual inflation rate of 4.43%, thus reaching a new maximum in the year.
The National Institute of Statistics and Geography (INEGI) highlighted that, in the first fortnight of May 2018, inflation data recorded a setback of 0.29% fortnightly and 4.46% at annual rate.
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This level is within the esteem of Citibanamex, who anticipated that inflation could continue to accelerate in May, due in part to the interaction of seasonal effects that affected electricity prices the previous month, and the change in Weights of the National Institute of Statistics and Geography (Inegi) from 2018.
For Banco Base, the inflation data of the first fortnight of May, slightly above 4.41% of the second half of April, is not entirely negative, as it reflects a moderate decrease in the underlying inflation.
The underlying price index showed an increase of 0.09% fortnightly and an annual variation of 3.77%, after being placed in 3.80% in the second half of April.
Within the underlying price index, goods prices increased 0.13% and those of the services 0.05% fortnightly.
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Meanwhile, the non-underlying price index decreased 1.49% fortnightly, reaching an annual rate of 6.41%. Inside, the prices of agricultural products rose 0.21%
While those of the energy and tariffs authorized by the government regressed 2.69% fortnightly, as a result of the entry into force of the scheme of electricity tariffs of warm season in 11 cities of the country.
Among the main generics with upward price variations is the avocado (16.87%), Chile Serrano (5.49%), Orange (4.86%), plantains (4.85%), chicken (3.46), potato and other tubers (2.09%), as well as pork (0.82%).
The generics with the greatest variations to the low were electricity (20.54%), lemon (20%), onion (9.63%), green Tomato (8.54%), touristic services in package (5.60%), refrigerators (3.39%), hotels (3.32%) and other fruits (2.80%).
The entities with variation above the national inflation were Puebla, Mexico City, Queretaro, Guerrero and Quintana Roo; and the entities with variation below the national were Sonora, Sinaloa, Baja California Sur, Baja California and Chihuahua.
 
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Original source in Spanish