The annual inflation rate in Mexico fell slightly to 4.01 percent in September 2020 from 4.05 percent in the previous month and compared with market expectations of 4.07 percent. Prices slowed for housing & utilities (3.36% vs 3.53%); miscellaneous goods & services (4.04% vs 4.15% in August); transport (0.06% vs 0.25%); restaurants & hotels (4.12% vs 4.2%); and recreation & culture (2.34% vs 2.19%). Meanwhile, cost rose further for food & non-alcoholic beverages (7.55% vs 7.45%); furnishings (5.14% vs 4.86%); health (4.75% vs 4.52%); and clothing & footwear (0.63% vs 0.29%). Additionally, cost of communication dropped at a softer pace (-0.65% vs -1.56%). On a monthly basis, consumer prices went up 0.23 percent, easing from a 0.39 percent gain in the prior month and below forecasts of a 0.29 percent increase. The core index, which strips out some volatile food and energy prices advanced 0.32 percent, the same as in August. source: Instituto Nacional de Estadística y Geografía (INEGI)

Inflation Rate in Mexico averaged 23.95 percent from 1974 until 2020, reaching an all time high of 179.73 percent in February of 1988 and a record low of 2.13 percent in December of 2015. This page provides - Mexico Inflation Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news. Mexico Inflation Rate - data, historical chart, forecasts and calendar of releases - was last updated on October of 2020.

Inflation Rate in Mexico is expected to be 3.90 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Inflation Rate in Mexico to stand at 3.70 in 12 months time. In the long-term, the Mexico Inflation Rate is projected to trend around 3.60 percent in 2021 and 3.50 percent in 2022, according to our econometric models.

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Mexico Inflation Rate

Actual Previous Highest Lowest Dates Unit Frequency
4.01 4.05 179.73 2.13 1974 - 2020 percent Monthly
2018=100


Calendar GMT Actual Previous Consensus TEForecast
2020-07-09 11:00 AM Jun 3.33% 2.84% 3.2% 3.1%
2020-08-07 11:00 AM Jul 3.62% 3.33% 3.61% 3.6%
2020-09-09 11:00 AM Aug 4.05% 3.62% 4.02% 3.9%
2020-10-08 11:00 AM Sep 4.01% 4.05% 4.07% 4.1%
2020-11-06 12:00 PM Oct 4.01% 4%
2020-12-09 12:00 PM Nov


News Stream
Mexico Inflation Rate Unexpectedly Slows
The annual inflation rate in Mexico fell slightly to 4.01 percent in September 2020 from 4.05 percent in the previous month and compared with market expectations of 4.07 percent. Prices slowed for housing & utilities (3.36% vs 3.53%); miscellaneous goods & services (4.04% vs 4.15% in August); transport (0.06% vs 0.25%); restaurants & hotels (4.12% vs 4.2%); and recreation & culture (2.34% vs 2.19%). Meanwhile, cost rose further for food & non-alcoholic beverages (7.55% vs 7.45%); furnishings (5.14% vs 4.86%); health (4.75% vs 4.52%); and clothing & footwear (0.63% vs 0.29%). Additionally, cost of communication dropped at a softer pace (-0.65% vs -1.56%). On a monthly basis, consumer prices went up 0.23 percent, easing from a 0.39 percent gain in the prior month and below forecasts of a 0.29 percent increase. The core index, which strips out some volatile food and energy prices advanced 0.32 percent, the same as in August.
2020-10-08
Mexico Inflation Rate Rises to Over 1-Year High in August
The annual inflation rate in Mexico increased to 4.05 percent in August 2020 from 3.62 percent in the previous month and compared with market expectations of 4.02 percent. It was the highest inflation rate since May last year, as prices rose further for food & non-alcoholic beverages (7.45% vs 6.21% in July); housing & utilities (3.53% vs 3.23%); miscellaneous goods & services (4.15% vs 3.9%); furnishings (4.86% vs 4.55%); restaurants & hotels (4.2% vs 4.13%); and recreation & culture (2.19% vs 1.34%). Also, cost of transport rebounded (0.25% vs -0.18%) while price of communication fell less (-1.56% vs -1.81%). In contrast, prices slowed for health (4.52% vs 4.79%); and clothing & footwear (0.29% vs 0.44%). On a monthly basis, consumer prices advanced 0.39 percent, easing from a 0.66 percent gain in the prior month and matching forecasts. The core index, which strips out some volatile food and energy prices went up 0.32 percent, after rising 0.4 percent in July.
2020-09-09
Mexico Inflation Rate Edges Up to 5-Month High
The annual inflation rate in Mexico rose to 3.62 percent in July 2020 from 3.33 percent in the previous month and compared with market forecasts of 3.61 percent. Prices increased further for housing & utilities (3.23% vs 2.74% in June); miscellaneous goods & services (3.9% vs 3.5%); furnishings (4.55% vs 3.82%); and health (4.79% vs 4.63%). Additionally, prices of clothing & footwear rebounded (0.44% vs -0.7%); while cost of transport fell less (-0.18% vs -2.16%). On the other hand, prices slowed for food & non-alcoholic beverages (6.21% vs 6.87%); restaurants & hotels (4.13% vs 4.14%); and recreation & culture (1.34% vs 1.82%). Also, cost of communication declined at a faster pace (-1.81% vs -1.72%). On a monthly basis, consumer prices went up 0.66 percent, following a 0.55 percent gain in the prior month. The core index, which strips out some volatile food and energy prices advanced 0.4 percent, after increasing 0.37 percent in June.
2020-08-07
Mexico Inflation Rate Rises to 4-Month High in June
The annual inflation rate in Mexico increased to 3.33 percent in June 2020 from 2.84 percent in May and above market expectations of 3.2 percent. Prices rose further for housing & utilities (2.74% vs 1.91% in May); miscellaneous goods & services (3.5% vs 3.23%); furnishings (3.82% vs 2.76%); restaurants & hotels (4.14% vs 4.09%); and recreation & culture (1.82% vs 1.62%). Also, cost fell less for transport (-2.16% vs -5.38%); clothing & footwear (-0.7% vs -1.61%); and communication (-1.72% vs -1.78%). Meanwhile, cost of food & non-alcoholic beverages slowed (6.87% vs 7.6%). On a monthly basis, consumer prices went up 0.55 percent, following a 0.38 percent gain in the prior month and compared with forecasts of a 0.42 percent increase. The core index, which strips out some volatile food and energy prices rose 0.37 percent, after a 0.3 percent gain in May.
2020-07-09

Mexico Inflation Rate
In Mexico, the most important categories in the CPI basket are Nonfood Goods (19.7 percent of the total weight); Housing (18.7 percent) and Other Services (18.4 percent). Food, Beverages and Tobacco account for 14.8 percent and Energy for 9.5 percent. Others include: Products subsidized by the government (5.3 percent); Education (5.1 percent); Meat and Eggs (4.8 percent) and Fruits and Vegetables (3.7 percent). The CPI index has a base of 100 as of December of 2010. The national index tracks 46 large, medium and small cities.