Cost of food in Mexico increased 2.52 percent in December of 2019 over the same month in the previous year. Food Inflation in Mexico averaged 5.62 percent from 2003 until 2019, reaching an all time high of 11.03 percent in September of 2012 and a record low of 0.03 percent in November of 2005. source: Instituto Nacional de Estadística y Geografía (INEGI)

Food Inflation in Mexico is expected to be 3.40 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Food Inflation in Mexico to stand at 3.40 in 12 months time. In the long-term, the Mexico Food Inflation is projected to trend around 3.20 percent in 2020, according to our econometric models.

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Mexico Food Inflation

Actual Previous Highest Lowest Dates Unit Frequency
2.52 3.52 11.03 0.03 2003 - 2019 percent Monthly
2018=100

Mexico Prices Last Previous Highest Lowest Unit
Inflation Rate 2.83 2.97 179.73 2.13 percent [+]
Inflation Rate Mom 0.56 0.81 15.46 -0.74 percent [+]
Consumer Price Index CPI 105.93 105.35 105.93 0.01 points [+]
Core Consumer Prices 105.23 104.80 105.23 0.09 points [+]
Core Inflation Rate 3.59 3.65 176.90 2.30 percent [+]
GDP Deflator 130.60 131.31 131.31 15.01 points [+]
Producer Prices 99.89 99.87 100.00 48.57 points [+]
Export Prices 113.39 112.66 143.98 32.38 points [+]
Import Prices 230.39 230.75 234.79 42.20 points [+]
Producer Prices Change 0.60 0.90 9.81 0.60 percent [+]
Inflation Expectations 3.45 3.50 17.21 3.19 Percent [+]
Cpi Housing Utilities 106.40 105.99 106.40 58.21 points [+]
CPI Transportation 105.45 104.71 105.45 0.06 points [+]
Food Inflation 2.52 3.52 11.03 0.03 percent [+]