According to data from the National Institute of Statistics and Geography (Inegi), the city of Mérida is positioned as the fourth most expensive to live in Mexicoaccording to the most recent bulletin of the Mexican Institute of Finance Executives (IMEF) in Yucatan.
The president of the organization in the state, Isaías Marrufo Góngoraexplained that the cost of living in the Yucatecan capital has increased significantly in recent years, driven by the demand for housing and services derived from population growth.
However, This growth is not comparable with the purchasing power of the people of Merida.
The report of IMEF details that Monterrey tops the list of the most expensive cities, followed by Querétaro, Mexico City, Mérida and Guadalajara.
The former president of IMEF Yucatán Francisco Álvarez Cuevas He explained that one of the factors that has had the greatest impact on the increase in the cost of life is the arrival of families from other states.
“It has benefited us enormously in the construction industry sector with more houses that have been built, but they generate inflation and an increase in the cost of living,” he noted.
Marrufo Góngora recommended to the Yucatecan families adjust their consumption habits y plan your finances more prudently given the economic outlook expected for the end of the year.
Inflation
The IMEF predicts a national inflation rate of 4% and a dollar price of 19 pesos at the end of the year.
Meanwhile, the latest Inegi report indicates that inflation in Mérida it is located at 3.68%, slightly below the national average of 3.76%.
Furthermore, the Unemployment in Yucatán remains at 1.7%, one of the lowest rates in the country, compared to 2.9% nationally.
During the presentation of the Monthly Bulletin of the National and State Economic Environment, Isaías Marrufo Góngora, president of the IMEF Grupo Yucatán, and Francisco Álvarez Cuevas, advisory advisor and former president of the organization, were present.
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