Consumer prices rose 1.7% in July, the...
- Share via
Consumer prices rose 1.7% in July, the smallest monthly increase in seven years, the central bank of Mexico announced. Inflation for the first seven months of the year reached 43.3%, the bank said, while the annual inflation rate from July, 1987, was 122.3%. The government started an Economic Solidarity Pact with business and labor last December to control inflation, which soared by a record 159.2% for 1987. The biggest contributors to the increase in the latest report were an 11.6% increase in fresh meat prices and 7.4% in rents.
More From the Los Angeles Times
Podcasts
Residents rebuilding the Palisades are furious at Mayor Bass. Their champion, Councilmember Traci Park, joins the show. Hear her plan for what’s next.
When a helicopter crash killed actor Vic Morrow and two children on the set of Twilight Zone: The Movie, the filmmakers called it an unforeseeable accident. An LA County Sheriff’s detective saw something else: broken laws, reckless risks, and an A-list director who ignored warnings.
LA’s smog wasn’t from factories. A scientist studying pineapples found the real cause: cars. But no one wanted to believe him. Hear the full story on “Smoglandia.” Listen now.
