News

Mexico Inflation Rate at over 3-Year Low of 2.83%
The annual inflation rate in Mexico fell to 2.83% in December 2019 from 2.97% in November but above market expectations of 2.76%. It was the lowest inflation rate since August 2016, as prices slowed mainly for food, beverages & tobacco (4.45% vs 4.56% in November). In addition, cost fell for energy (-0.54% vs -1.80%) and agricultural goods (-0.03% vs 2.18%), owing to fruits (-5.40% vs -1.48%). Meantime, inflation was steady for education (at 4.73%) while it edged higher for housing (2.91% vs 2.88%). The core index, which strips out some volatile food and energy prices rose 0.41% month-over-month (vs 0.2% in November) and increased 3.59% year-on-year (vs 3.65% in November). On a monthly basis, consumer prices were up 0.56%, easing from 0.8% in November and slightly above market estimates of 0.5%.
Published on 2020-01-09

Mexico Inflation Rate Falls to Over 3-Year Low
The annual inflation rate in Mexico fell to 2.97 percent in November 2019 from 3.02 percent in the previous month, slightly below market expectations of 3 percent. It was the lowest inflation rate since September 2016, as cost of fruit & vegetables dropped and housing prices slowed. On a monthly basis, consumer prices went up 0.81 percent, after rising 0.54 percent in October.
Published on 2019-12-09

Mexico Inflation Rate Steady at 3-Year Low of 3%
Mexico's annual inflation rate was unchanged at 3 percent in October 2019, its lowest level since September 2016 and matching market expectations. While prices continued to fall for energy and grew less for services; cost of housing, food and agricultural goods rose more.
Published on 2019-11-07

Mexico September Inflation Rate Falls to 3-Year Low
Mexico's annual inflation rate fell to 3.0 percent in September 2019 from 3.16 percent in the previous month, matching market expectations. That was the lowest consumer inflation rate since September 2016, as cost of energy dropped further. On a monthly basis, consumer prices rose 0.26 percent, rebounding from a 0.02 percent decline in August and in line with forecasts.
Published on 2019-10-09

Mexico August Inflation Rate Falls to Nearly 3-Year Low
Mexico's annual inflation rate dropped to 3.16 percent in August 2019 from 3.78 percent in the previous month and slightly below market forecasts of 3.2 percent. It was the lowest inflation rate since October 2016, mostly due to a fall in cost of energy.
Published on 2019-09-09

Mexico Inflation Rate Drops to 2-1/2-Year Low
Mexico's annual inflation rate fell to 3.78 percent in July 2019 from 3.95 percent in the previous month, slightly below market expectations of 3.79 percent. That was the lowest rate since December 2016 mainly due to a slowdown in energy inflation.
Published on 2019-08-08

Mexico June Inflation Rate Eases to 4-Month Low
The annual inflation rate in Mexico declined to 3.95 percent in June 2019 from 4.28 percent in the previous month, matching market expectations. The slowdown was mainly driven by cost of energy due to the electricity tariff program for warm season. On a monthly basis, consumer prices increased 0.06 percent, rebounding from a 0.29 percent fall in the prior month and slightly below market forecasts of a 0.07 percent rise.
Published on 2019-07-09

Mexico May Inflation Rate Slows to 4.28%
The annual inflation rate in Mexico decreased to 4.28 percent in May 2019 from 4.41 percent in April and below market consensus of 4.36 percent. Prices eased mainly due to energy as the electricity tariff program for warm season started in eleven cities of the country.
Published on 2019-06-07

Mexico Inflation Rate Quickens to 4.4% in April
The annual inflation rate in Mexico increased to 4.4 percent in April 2019 from 4.0 percent in the previous month, matching market expectations. It is the highest inflation rate since January, mainly due to rising prices over Easter linked to travel and tourism. Also, food, beverages & tobacco and agricultural goods were much more expensive.
Published on 2019-05-09

Mexico March Inflation Rate Rises to 4% YoY
The annual inflation rate in Mexico rose to 4.0 percent in March 2019 from 3.94 percent in the previous month and slightly below market expectations of 4.02 percent. Prices increased further mainly due to food, beverages & tobacco and energy.
Published on 2019-04-09

Mexico Inflation Rate Falls Further to 3.94% in February
The annual inflation rate in Mexico declined to 3.94 percent in February 2019 from 4.37 percent in the prior month, matching market expectations. It is the lowest inflation rate since December 2016 as prices of energy and agricultural goods grew less.
Published on 2019-03-07

Mexico Annual Inflation Rate at Over 2 Year-Low
The annual inflation rate in Mexico fell to 4.37 percent in January 2019 from 4.83 percent in the previous month and below market expectations of 4.49 percent. It was the lowest inflation rate since December 2016, mainly due to a slowdown in cost of energy and food, beverages & tobacco.
Published on 2019-02-07

Mexico Inflation Rate Edges Up to 4.83% in December
The annual inflation rate in Mexico rose to 4.83 percent in December 2018 from 4.72 percent in the prior month, slightly below market expectations of 4.89 percent. Prices increased at a faster pace for other services and agricultural goods while inflation was barely unchanged for housing.
Published on 2019-01-09

Mexico Inflation Rate Slows to 5-Month Low of 4.72%
The annual inflation rate in Mexico decreased to 4.72 percent in November 2018 from 4.90 percent in the previous month but came above market expectations of 4.63 percent. It is the lowest inflation rate since June, amid slowing prices of energy and food, beverages & tobacco.
Published on 2018-12-07

Mexico Inflation Rate Ticks Down to 4.9% in October
The annual inflation rate in Mexico eased to 4.9 percent in October 2018 from 5.02 percent in September, as widely expected. Prices rose less mainly for energy and housing.
Published on 2018-11-08

Mexico Inflation Rate Hits 6-Month High of 5.02%
The annual inflation rate in Mexico rose to 5.02 percent in September 2018 from 4.9 percent in August and slightly above market expectations of 5.01 percent. It was the highest inflation rate since March, as prices continued to climb especially for energy and food, beverages & tobacco. On the other hand, cost eased for education.
Published on 2018-10-09

Mexico Inflation Rate Ticks Up to 5-Month High of 4.9%
The annual inflation rate in Mexico increased to 4.9 percent in August 2018 from 4.8 percent in July and above market expectations of 4.83 percent. It was the highest inflation rate since March, due to an overall rise in prices namely for energy and food. Meanwhile, cost went up slightly less for housing.
Published on 2018-09-07

Mexico Inflation Rate Hits 4-Month High of 4.81% in July
Inflation rate in Mexico rose to 4.81 percent year-on-year in July 2018 from 4.65 percent in June and matching market expectations. It was the second straight increase in inflation and the steepest since March, prompted by higher prices of energy, housing and food.
Published on 2018-08-09

Mexico Inflation Rate Rises for First Time in 6 Months
Inflation rate in Mexico rose to 4.65 percent year-on-year in June 2018 from 4.51 percent in May and exceeding market expectations of 4.56 percent. It was the first increase in inflation since December, mainly due to higher cost of energy and fuels. The central bank noted that inflation could converge to the 3 percent target more slowly than initially estimated. Main reasons are linked to recent shocks including further peso depreciation caused by fears surrounding the future of NAFTA, presidential elections and rising cost of fuels.
Published on 2018-07-09

Mexico Inflation Rate Drops to 4.51% in May
Inflation rate in Mexico eased further to 4.51 percent year-on-year in May 2018 from 4.55 percent in April while markets were expecting a sharper decrease to 4.43 percent. Still, it remained at its lowest level since December of 2016, as prices slowed more for food, beverages & tobacco.
Published on 2018-06-07