Core consumer prices in Mexico increased 3.69 percent year-on-year in December 2018, after a 3.63 percent rise in the previous month and slightly above market expectations of a 3.68 percent gain. Core Inflation Rate in Mexico averaged 24.16 percent from 1983 until 2018, reaching an all time high of 176.90 percent in February of 1988 and a record low of 2.30 percent in August of 2015.
Core Inflation Rate in Mexico is expected to be 3.30 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Core Inflation Rate in Mexico to stand at 3.20 in 12 months time. In the long-term, the Mexico Core Inflation Rate is projected to trend around 2.80 percent in 2020, according to our econometric models.