Cost of food in Mexico increased 5.65 percent in May of 2021 over the same month in the previous year. source: Instituto Nacional de Estadística y Geografía (INEGI)

Food Inflation in Mexico averaged 5.66 percent from 2003 until 2021, 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. This page provides - Mexico Food Inflation - actual values, historical data, forecast, chart, statistics, economic calendar and news. Mexico Food Inflation - values, historical data and charts - was last updated on June of 2021.

Food Inflation in Mexico is expected to be 6.10 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 5.10 in 12 months time. In the long-term, the Mexico Food Inflation is projected to trend around 4.90 percent in 2022 and 4.30 percent in 2023, according to our econometric models.

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Mexico Food Inflation

Actual Previous Highest Lowest Dates Unit Frequency
5.65 5.45 11.03 0.03 2003 - 2021 percent Monthly
2018=100

Mexico Prices Last Previous Highest Lowest Unit
Inflation Rate 5.89 6.08 179.73 2.13 percent [+]
Inflation Rate Mom 0.20 0.33 15.46 -1.01 percent [+]
Consumer Price Index CPI 112.42 112.19 112.42 0.01 points [+]
Core Consumer Prices 111.64 111.06 111.64 0.09 points [+]
Core Inflation Rate 4.37 4.13 176.90 2.30 percent [+]
GDP Deflator 143.44 137.71 143.44 15.01 points [+]
Producer Prices 108.76 107.98 108.76 48.57 points [+]
Export Prices 118.05 115.33 143.98 32.38 points [+]
Import Prices 248.75 244.69 248.75 42.20 points [+]
Producer Prices Change 4.43 3.16 9.81 0.60 percent [+]
Inflation Expectations 3.22 3.32 17.21 3.19 Percent [+]
Cpi Housing Utilities 109.26 111.42 112.73 58.21 points [+]
CPI Transportation 110.89 110.30 110.89 0.06 points [+]
Food Inflation 5.65 5.45 11.03 0.03 percent [+]