Inflation at 7.12% in the First Half of March

By Viviana Cervantes

For the fourth consecutive fortnight, annual general inflation in Mexico slowed down, to settle at 7.12% in the first half of March, as recently reported by INEGI (National Institute of Statistics and Geography) through the INPC (National Consumer Price Index). The new inflation percentage also reflects changes with respect to the same fortnight in 2022, which was 7.29%, while in 2021 the variation was 4.12%.

In the underlying category, the INPC was marked at 8.15% for the first half of March 2023, at 6.68% in 2022, and 4.09% in 2021, all in the annual variation. Regarding the non-core, the variation was 4.15% in the first fortnight of 2023, 9.10% for the previous year, and 4.19% for 2021. INEGI states that, in core, merchandise such as food is included, drinks, tobacco, services, housing, school fees, and others.When referring to non-core, agricultural issues, fruits, vegetables, livestock, energy, and rates authorized by the government are included.

Guanajuato Attracts 10 Investment Projects Worth US$861 Million

By Elenne Castro

Guanajuato continues its transition towards industry 4.0 with the arrival of 10 new technology projects. These will represent an investment of US$861 million and the generation of 1,637 highly specialized jobs. The head of the Offices for Sustainable Economic Development (SDES), Ramón Alfaro Gómez, explained that attracting investments with a higher technological content represents encouragement of knowledge transfer. It also means that the local economy is accelerated, and there is value added to the traditional business sectors of Guanajuato.

He emphasized that Guanajuato’s high competitiveness is based on strategic alliances. It also represents infrastructure development, educational relevance, energy sufficiency, logistics, and mobility that have a direct positive impact on the quality of life of families. In addition, with the arrival of these new technology investment projects, the demand for more specialized jobs at better-paid engineering levels increases.

Among these projects, the arrival of the hyper-scale Data Center of Layer 9 stands out. It will be the largest in Latin America, and Mexico and will open the doors for more investment projects in new technologies and information. Guanajuato is projected to the world as the Valley of the Mind in Mexico. It is the cradle of industry 4.0 in Latin America, thanks to the coordinated work between academia, industry, and government. All three encourage sustainability, equity, inclusiveness, and innovation. All of this accelerates the growth of the local economy.

With this strategy, great opportunities are opened in Guanajuato for micro, small, and medium enterprises. Not only does it add value to these investments, but it also creates new technical and managerial skills.