Cost of food in Mexico increased 6.91 percent in March of 2026 over the same month in the previous year. Food Inflation in Mexico averaged 6.10 percent from 2003 until 2026, reaching an all time high of 14.55 percent in September of 2022 and a record low of 0.03 percent in November of 2005. source: Instituto Nacional de Estadística y Geografía (INEGI)
Food Inflation in Mexico is expected to be 3.20 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the Mexico Food Inflation is projected to trend around 3.60 percent in 2027, according to our econometric models.