Annual core inflation rate in Mexico was little changed at 4.45% in March 2026 from 4.5% in February, roughly in line with forecasts of 4.46%. Core Inflation Rate in Mexico averaged 20.95 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 5.10 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 4.00 percent in 2027 and 3.00 percent in 2028, according to our econometric models.



Calendar GMT Reference Actual Previous Consensus TEForecast
2026-03-09 12:00 PM
Core Inflation Rate YoY
Feb 4.5% 4.52% 4.50% 4.5%
2026-04-09 12:00 PM
Core Inflation Rate YoY
Mar 4.45% 4.5% 4.46% 4.5%
2026-05-07 12:00 PM
Core Inflation Rate YoY
Apr 4.45%


Related Last Previous Unit Reference
Consumer Price Index CPI 145.54 144.31 points Mar 2026
Core Consumer Prices 144.54 143.99 points Mar 2026
Core Inflation Rate YoY 4.45 4.50 percent Mar 2026
CPI Housing Utilities 128.22 127.49 points Mar 2026
CPI Transportation 134.90 133.72 points Mar 2026
Food Inflation 6.91 5.16 percent Mar 2026
GDP Deflator 139.10 138.50 points Dec 2025
Inflation Rate YoY 4.59 4.02 percent Mar 2026
Inflation Rate MoM 0.86 0.50 percent Mar 2026
Producer Prices 135.91 134.54 points Mar 2026
Producer Prices Change 2.46 1.66 percent Mar 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
4.45 4.50 176.90 2.30 1983 - 2026 percent Monthly