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Mexico's Inflation Hits 19-Month High
Mexico's annual inflation rate rose to 4.59% in March 2026 from 4.02% in February, the highest since August 2024 but slightly below forecasts of 4.61%. Food and non-alcoholic beverages led the acceleration at 6.91%, followed by alcoholic beverages and tobacco at 8.05%, and restaurants and lodging at 7.16%. Healthcare rose 5.43%, education 5.94%, personal care and miscellaneous goods 5.52%, and insurance and financial services 4.36%. Amid the Middle East oil supply crisis, energy prices rose 2.21% and transport costs climbed 2.62%. Deflation was recorded solely in information and communication at -0.84%. Monthly consumer prices rose 0.86%.
Published on 2026-04-09

Mexico's Inflation Hits 19-Month High
Mexico's annual inflation rate rose to 4.59% in March 2026 from 4.02% in February, the highest since August 2024 but slightly below forecasts of 4.61%. Food and non-alcoholic beverages led the acceleration at 6.91%, followed by alcoholic beverages and tobacco at 8.05%, and restaurants and lodging at 7.16%. Healthcare rose 5.43%, education 5.94%, personal care and miscellaneous goods 5.52%, and insurance and financial services 4.36%. Amid the Middle East oil supply crisis, energy prices rose 2.21% and transport costs climbed 2.62%. Deflation was recorded solely in information and communication at -0.84%. Monthly consumer prices rose 0.86%.
Published on 2026-04-09

Mexico Inflation Rate Rises to 8-Month High
The annual inflation rate in Mexico rose to 4.02% in February of 2026 from 3.79% in the previous month, firmly ahead of market expectations of 3.94% to mark the highest inflation rate since June of the previous year. While not a significant overshoot, it was also the first month of inflation above the Bank of Mexico's upper threshold of 4% in the period. Consumer prices rose sharply for processed food and beverages (6.2%) and fruits and vegetables (9.88%). Inflation was also significant for services (4.45%), which is seen as part of the underlying inflation trend by Banxico. From the previous month, consumer prices were 0.5% higher.
Published on 2026-03-09

Mexico Inflation Rate Rises to 8-Month HIgh
The annual inflation rate in Mexico rose to 4.02% in February of 2026 from 3.79% in the previous month, firmly ahead of market expectations of 3.94% to mark the highest inflation rate since June of the previous year. While not a significant overshoot, it was also the first month of inflation above the Bank of Mexico's upper threshold of 4% in the period. Consumer prices rose sharply for processed food and beverages (6.2%) and fruits and vegetables (9.88%). Inflation was also significant for services (4.45%), which is seen as part of the underlying inflation trend by Banxico. From the previous month, consumer prices were 0.5% higher.
Published on 2026-03-09

Mexico Inflation Rate Accelerates in January
Mexico’s annual inflation rate rose to 3.79% in January 2026 from 3.69% in the previous month, below market expectations of 3.82%. Price pressures were strongest in other services (7.68%), followed by healthcare and personal care (5.37%) and food, beverages and tobacco (4.43%). Prices for clothing, footwear and accessories increased 2.82%, while housing costs rose 2.91%. The smallest increases were recorded in furniture and household appliances (1.38%) and transport (1.58%). On a monthly basis, consumer prices rose 0.38%.
Published on 2026-02-09

Mexico CPI Rises in January
Mexico’s annual inflation rate rose to 3.79% in January 2026 from 3.69% in the previous month, below market expectations of 3.82%. Price pressures were strongest in other services (7.68%), followed by healthcare and personal care (5.37%) and food, beverages and tobacco (4.43%). Prices for clothing, footwear and accessories increased 2.82%, while housing costs rose 2.91%. The smallest increases were recorded in furniture and household appliances (1.38%) and transport (1.58%). On a monthly basis, consumer prices rose 0.38%.
Published on 2026-02-09

Mexico Inflation Rate Accelerates in January
Mexico’s annual inflation rate rose to 3.79% in January 2026 from 3.69% in the previous month, below market expectations of 3.82%. Price pressures were strongest in other services (7.68%), a category that includes street food outlets, restaurants and similar venues, mobile phone services, car maintenance, medical consultations and packaged tourism services. Inflation was also elevated in healthcare and personal care (5.37%) and food, beverages and tobacco (4.43%). Prices for clothing, footwear and accessories increased 2.82%, while housing costs rose 2.91%. The smallest increases were recorded in furniture and household appliances (1.38%) and transport (1.58%). On a monthly basis, consumer prices rose 0.38%.
Published on 2026-02-09

Mexico Price Growth Moderates at Year-End
Mexico’s annual inflation rate eased to 3.69% in December 2025 from 3.80% in November, coming in below market expectations of 3.80%. Price pressures were strongest in restaurants and lodging (7.35%), education services (5.81%), personal care, social security and miscellaneous goods (5.79%), and healthcare (5.02%). More moderate inflation was recorded in information and communication (0.05%), insurance and financial services (0.93%), and transport (1.78%). No category posted deflation in December. On a monthly basis, consumer prices rose 0.28%, slowing sharply from a 0.66% increase in November. Core inflation also cooled slightly, easing to 4.33% from 4.43% in the prior month.
Published on 2026-01-08

Mexico Inflation Rate Moderates at Year-End
Mexico’s annual inflation rate eased to 3.69% in December 2025 from 3.80% in November, coming in below market expectations of 3.80%. Price pressures were strongest in restaurants and lodging (7.35%), education services (5.81%), personal care, social security and miscellaneous goods (5.79%), and healthcare (5.02%). More moderate inflation was recorded in information and communication (0.05%), insurance and financial services (0.93%), and transport (1.78%). No category posted deflation in December. On a monthly basis, consumer prices rose 0.28%, slowing sharply from a 0.66% increase in November. Core inflation also cooled slightly, easing to 4.33% from 4.43% in the prior month.
Published on 2026-01-08

Mexico CPI Accelerates to Five-Month High
Mexico’s annual inflation accelerated to 3.80% in November 2025 from 3.57% in October, the highest since June and above expectations of 3.69%. Price pressures increased for food, beverages and tobacco (3.50% vs 3.32%), clothing and footwear (2.80% vs 2.32%), furniture and appliances (2.55% vs 1.70%), and healthcare (6% vs 5.52%). In contrast, housing inflation eased to 3.24% from 3.43%. Month-on-month, consumer prices rose 0.66%, up from 0.36% in October.
Published on 2025-12-09

Mexico CPI Accelerates to Five-Month High
Mexico’s annual inflation accelerated to 3.80% in November 2025 from 3.57% in October, the highest since June and above expectations of 3.69%. Price pressures increased for food, beverages and tobacco (3.50% vs 3.32%), clothing and footwear (2.80% vs 2.32%), furniture and appliances (2.55% vs 1.70%), and healthcare (6% vs 5.52%). In contrast, housing inflation eased to 3.24% from 3.43%. Month-on-month, consumer prices rose 0.66%, up from 0.36% in October.
Published on 2025-12-09

Mexico Inflation Rate Rises More Than Expected
Mexico’s annual inflation accelerated to 3.80% in November 2025 from 3.57% in October, the highest since June and above expectations of 3.69%. Price pressures increased for food and non-alcoholic beverages (3% vs 2.64%), clothing and footwear (2.76% vs 2.30%), furniture, appliances and maintenance (3.59% vs 2.86%), transport (1.98% vs 1.35%), recreation and culture (4.48% vs 4.21%), and restaurants and hotels (7.62% vs 7.48%). Mild deflation persisted in insurance and financial services, though less sharply (-0.04% vs -0.84%). Inflation eased for alcoholic beverages and tobacco (3.44% vs 4.62%) and for housing and utilities (3.43% vs 3.68%). Month-on-month, consumer prices rose 0.66%, up from 0.36% in October. Core inflation quickened to 4.43%, the highest since March 2024.
Published on 2025-12-09

Mexico Inflation Rate Rises More Than Expected
Mexico’s annual inflation accelerated to 3.80% in November 2025 from 3.57% in October, the highest since June and above expectations of 3.69%. Price pressures increased for food, beverages and tobacco (3.50% vs 3.32%), clothing and footwear (2.80% vs 2.32%), furniture and appliances (2.55% vs 1.70%), and healthcare (6% vs 5.52%). In contrast, housing inflation eased to 3.24% from 3.43%. Month-on-month, consumer prices rose 0.66%, up from 0.36% in October.
Published on 2025-12-09

Mexico Inflation Rate Slows in October as Expected
Annual inflation in Mexico eased to 3.57% in October 2025 from 3.76% in September, marking the first deceleration in three months and coming broadly in line with analysts' estimates of 3.56%. Inflation stayed comfortably within the central bank’s 2%–4% target. Price growth moderated primarily for food & non-alcoholic beverages (2.64% vs 3.94% in September), on account of fresh food; restaurants & hotels (7.48% vs 7.61%) and miscellaneous goods & services (5.69% vs 6.06%). Meanwhile, other categories saw faster increases in prices, including health (5.05% vs 4.83%); alcoholic beverages & tobacco (4.62% vs 439%) and housing & utilities (3.68% vs 3.45%), due to higher energy costs (1.07% vs 0.36%). Meanwhile, the core inflation rate, which excludes energy and fresh food prices, stood at 4.28%, the highest since April 2024, largely matching forecasts of 4.27%. On a monthly basis, the CPI rose by 0.36% in October, the most in ten months, up from September's 0.23%, matching forecasts.
Published on 2025-11-07

Mexico Inflation Rate Slows as Expected
Annual inflation in Mexico eased to 3.57% in October 2025 from 3.76% in the prior month, marking the first deceleration in three months and coming broadly in line with analysts' estimates of 3.56%. Inflation stayed comfortably within the central bank’s 2%–4% target. Price growth moderated primarily for food & non-alcoholic beverages (2.64% vs 3.94% in September); restaurants & hotels (7.48% vs 7.61%) and miscellaneous goods & services (5.69% vs 6.06%). Meanwhile, the core inflation rate stood at 4.28%, the highest since April 2024, unchanged from September. On a monthly basis, the CPI rose by 0.36% in October, after a 0.23% increase in the prior month, matching market forecasts.
Published on 2025-11-07

Mexico Inflation Rate Slows in October as Expected
Annual inflation in Mexico eased to 3.57% in October 2025 from 3.76% in the prior month, marking the first deceleration in three months and coming broadly in line with analysts' estimates of 3.56%. Inflation stayed comfortably within the central bank’s 2%–4% target. Price growth moderated primarily for food & non-alcoholic beverages (2.64% vs 3.94% in September), on account of fresh food; restaurants & hotels (7.48% vs 7.61%) and miscellaneous goods & services (5.69% vs 6.06%). Meanwhile, other categories saw faster increases in prices, including health (5.05% vs 4.83%); alcoholic beverages & tobacco (4.62% vs 439%) and housing & utilities (3.68% vs 3.45%), on higher energy costs (1.07% vs 0.36%). Meanwhile, the core inflation rate stood at 4.28%, the highest since April 2024, unchanged from September, largely matching forecasts of 4.27%. On a monthly basis, the CPI rose by 0.36% in October, after a 0.23% increase in the prior month, matching market forecasts.
Published on 2025-11-07

Mexico Inflation Rate Slows as Expected
Annual inflation in Mexico eased to 3.57% in October 2025 from 3.76% in the prior month, marking the first deceleration in three months and coming broadly in line with analyst' estimates of 3.56%. Inflation stayed comfortably within the central bank’s 2%–4% target. Price growth moderated primarily for food & non-alcoholic beverages (2.64% vs 3.94% in September). On a monthly basis, the CPI rose by 0.36% in October, after a 0.23% increase in the prior month, matching market forecasts.
Published on 2025-11-07

Mexico Inflation Rate Slows as Expected
Annual inflation in Mexico eased to 3.57% in October 2025 from 3.76% in the prior month, marking the first deceleration in three months and coming broadly in line with analysts' estimates of 3.56%. Inflation stayed comfortably within the central bank’s 2%–4% target. Price growth moderated primarily for food & non-alcoholic beverages (2.64% vs 3.94% in September); restaurants & hotels (7.48% vs 7.61%) and miscellaneous goods & services (5.69% vs 6.06%). Meanwhile, the core inflation rate stood at 4.28%, the highest since April 2024, unchanged from September, largely matching forecasts of 4.27%. On a monthly basis, the CPI rose by 0.36% in October, after a 0.23% increase in the prior month, matching market forecasts.
Published on 2025-11-07

Mexico Inflation Rate Slows in October as Expected
Annual inflation in Mexico eased to 3.57% in October 2025 from 3.76% in the prior month, marking the first deceleration in three months and coming broadly in line with analysts' estimates of 3.56%. Inflation stayed comfortably within the central bank’s 2%–4% target. Price growth moderated primarily for food & non-alcoholic beverages (2.64% vs 3.94% in September), on account of fresh food; restaurants & hotels (7.48% vs 7.61%) and miscellaneous goods & services (5.69% vs 6.06%). Meanwhile, other categories saw faster increases in prices, including health (5.05% vs 4.83%); alcoholic beverages & tobacco (4.62% vs 439%) and housing & utilities (3.68% vs 3.45%), due to higher energy costs (1.07% vs 0.36%). Meanwhile, the core inflation rate stood at 4.28%, the highest since April 2024, unchanged from September, largely matching forecasts of 4.27%. On a monthly basis, the CPI rose by 0.36% in October, after a 0.23% increase in the prior month, matching market forecasts.
Published on 2025-11-07

Mexico Inflation Rate Slows as Expected
Annual inflation in Mexico eased to 3.57% in October 2025 from 3.76% in the prior month, marking the first deceleration in three months and coming broadly in line with analysts' estimates of 3.56%. Inflation stayed comfortably within the central bank’s 2%–4% target. Price growth moderated primarily for food & non-alcoholic beverages (2.64% vs 3.94% in September); restaurants & hotels (7.48% vs 7.61%) and miscellaneous goods & services (5.69% vs 6.06%). On a monthly basis, the CPI rose by 0.36% in October, after a 0.23% increase in the prior month, matching market forecasts.
Published on 2025-11-07