Annual core inflation rate in Mexico increased to 4.52% in January 2026, the highest since March 2024, from 4.33% in December 2025 and compared to forecasts of 4.5%. Core Inflation Rate in Mexico averaged 21.01 percent from 1983 until 2026, 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. source: Instituto Nacional de Estadística y Geografía (INEGI)

Core Inflation Rate in Mexico is expected to be 3.70 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the Mexico Core Inflation Rate is projected to trend around 3.00 percent in 2027, according to our econometric models.



Calendar GMT Reference Actual Previous Consensus TEForecast
2026-01-08 12:00 PM
Core Inflation Rate YoY
Dec 4.33% 4.43% 4.34% 4.5%
2026-02-09 12:00 PM
Core Inflation Rate YoY
Jan 4.52% 4.33% 4.50% 4.5%
2026-03-09 12:00 PM
Core Inflation Rate YoY
Feb 4.52%


Related Last Previous Unit Reference
Consumer Price Index CPI 143.59 143.04 points Jan 2026
Core Consumer Prices 143.33 142.47 points Jan 2026
Core Inflation Rate YoY 4.52 4.33 percent Jan 2026
CPI Housing Utilities 127.22 126.90 points Jan 2026
CPI Transportation 133.45 134.30 points Jan 2026
Food Inflation 4.43 3.00 percent Jan 2026
GDP Deflator 138.50 137.70 points Sep 2025
Inflation Rate YoY 3.79 3.69 percent Jan 2026
Inflation Rate MoM 0.38 0.28 percent Jan 2026
Producer Prices 134.32 134.13 points Jan 2026
Producer Prices Change 2.12 2.59 percent Jan 2026


Mexico Core Inflation Rate
In Mexico, the core inflation rate tracks changes in prices that consumers pay for a basket of goods which excludes some volatile price items.
Actual Previous Highest Lowest Dates Unit Frequency
4.52 4.33 176.90 2.30 1983 - 2026 percent Monthly