The core CPI in Mexico increased 0.6% month-over-month in January 2026, the most since February 2023, compared to a 0.41% rise in December 2025 and forecasts of 0.59%. Core Inflation Rate MoM in Mexico averaged 1.42 percent from 1982 until 2026, reaching an all time high of 13.21 percent in January of 1988 and a record low of -0.08 percent in November of 2020. source: Instituto Nacional de Estadística y Geografía (INEGI)

Core Inflation Rate MoM in Mexico is expected to be 0.30 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 MoM is projected to trend around 0.10 percent in 2027, according to our econometric models.



Calendar GMT Reference Actual Previous Consensus TEForecast
2026-01-08 12:00 PM
Core Inflation Rate MoM
Dec 0.41% 0.19% 0.42% 0.3%
2026-02-09 12:00 PM
Core Inflation Rate MoM
Jan 0.6% 0.41% 0.59% 0.5%
2026-03-09 12:00 PM
Core Inflation Rate MoM
Feb 0.6%


Related Last Previous Unit Reference
Consumer Price Index CPI 143.04 142.65 points Dec 2025
Core Consumer Prices 142.47 141.90 points Dec 2025
Core Inflation Rate YoY 4.52 4.33 percent Jan 2026
Core Inflation Rate MoM 0.60 0.41 percent Jan 2026
CPI Housing Utilities 126.90 126.67 points Dec 2025
CPI Transportation 134.30 133.41 points Dec 2025
Food Inflation 3.00 3.00 percent Dec 2025
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
Mid-month Core Inflation Rate MoM 0.43 0.31 percent Jan 2026
Mid-month Core Inflation Rate YoY 4.47 4.34 percent Jan 2026
Mid-month Inflation Rate MoM 0.31 0.17 percent Jan 2026
Mid-month Inflation Rate YoY 3.77 3.72 percent Jan 2026
Producer Price Inflation MoM 0.14 0.55 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 MoM
Actual Previous Highest Lowest Dates Unit Frequency
0.60 0.41 13.21 -0.08 1982 - 2026 percent Monthly
2018=100, NSA