Mexico Inflation Rate Falls to Record Low


Mexican consumer prices rose 2.88 percent year-on-year in May of 2015, following a 3.06 percent increase in April. Is the lowest rate on record mainly due to lower food and energy cost.

Prices of food and nonalcoholic beverages went up 4.44 percent (5.64 percent in April) and cost of housing and utilizes increased at a slower 1.97 percent (2.05 percent in April). Cost of restaurants and hotels recorded the highest increase (4.52 percent from 4.82 percent in April) and transport prices went up 3.21 percent (2.9 percent in April). In contrast, communication cost fell 10.34 percent (-11.44 percent in April).

On a monthly basis, consumer prices fell 0.5 percent, following a 0.26 percent drop in April. 

The core index, which strips out some volatile food and energy prices rose 0.12 percent on the month, bringing the annual rate to 2.33 percent, from 0.16 percent and 2.31 percent respectively in April.

Mexico Inflation Rate Falls to Record Low


Joana Taborda | joana.taborda@tradingeconomics.com
6/9/2015 2:52:13 PM


News

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, mainly driven by slowing prices of energy and agricultural goods.
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