Mexico Inflation Rate  1974-2018 | Data | Chart | Calendar | Forecast

Inflation rate in Mexico eased to 4.55 percent year-on-year in April of 2018 from 5.04 percent in March and below market expectations of 4.59 percent. It was the lowest inflation rate since December of 2016, as prices slowed for food, beverages and tobacco; fruits and vegetables and other services. Inflation Rate in Mexico averaged 25 percent from 1974 until 2018, reaching an all time high of 179.73 percent in February of 1988 and a record low of 2.13 percent in December of 2015.

Mexico Inflation Rate
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Mexico April Inflation Rate at Near 1-1/2-Year Low


Inflation rate in Mexico eased to 4.55 percent year-on-year in April of 2018 from 5.04 percent in March and below market expectations of 4.59 percent. The inflation slowed for the fourth consecutive month, reaching the lowest level since December 2016. Prices rose at a softer pace for food, beverages and tobacco; fruits and vegetables and other services.

Year-on-year, inflation eased for food, beverages and tobacco (4.90 percent vs 5.35 percent in March); fruits and vegetables (4.07 percent vs 8.82 percent); other services including restaurants, telephone services, medical services and package tourist services (3.24 percent vs 4.07 percent) while was steady for education (4.84 percent). On the other hand, prices rose faster for energy (9.12 percent vs 8.85 percent) and housing (2.56 percent vs 2.54 percent).

On a monthly basis, consumer prices inched down 0.34 percent, compared to a 0.32 percent increase in March while markets were expecting a 0.31 percent fall. The most significant monthly price decreases were recorded for electricity due to summer subsidies (-13.86 percent vs 0.75 percent); domestic gas (-5.80 percent vs -3.62 percent); package tourist services (-8.86 percent vs 11.29 percent) and air transportation (-14.12 percent vs 9.39 percent).

The core index, which strips out some volatile food and energy prices rose 0.15 percent during the month (0.33 percent in March) and 3.7 percent year-on-year (4.0 percent in March).


INEGI | Luisa Carvalho | luisa.carvalho@tradingeconomics.com
5/9/2018 2:15:06 PM



Calendar GMT Actual Previous Consensus TEForecast
2018-03-08 02:00 PM Inflation Rate YoY 5.34% 5.55% 5.37% 5.4%
2018-04-09 01:00 PM Inflation Rate YoY 5.04% 5.34% 5.12% 5.1%
2018-05-09 01:00 PM Inflation Rate YoY 4.55% 5.04% 4.59% 4.5%
2018-06-07 01:00 PM Inflation Rate YoY 4.55% 4.0%
2018-07-09 01:00 PM Inflation Rate YoY 3.8%
2018-08-09 01:00 PM Inflation Rate YoY 3.8%


Mexico Prices Last Previous Highest Lowest Unit
Inflation Rate 4.55 5.04 179.73 2.13 percent [+]
Inflation Rate Mom -0.34 0.32 15.46 -0.74 percent [+]
Consumer Price Index CPI 131.99 132.44 132.44 0.01 Index Points [+]
Core Consumer Prices 126.77 126.59 126.77 0.11 Index Points [+]
Core Inflation Rate 3.70 4.00 176.90 2.30 percent [+]
GDP Deflator 121.10 119.49 142.44 18.20 Index Points [+]
Producer Prices 122.43 122.23 122.43 60.18 Index Points [+]
Export Prices 111.05 111.45 143.98 32.38 Index Points [+]
Import Prices 229.77 228.41 230.11 42.20 Index Points [+]
Inflation Expectations 3.98 3.89 17.21 3.19 Percent [+]
CPI Transportation 103.69 104.05 104.25 0.06 Index Points [+]
Food Inflation 5.00 6.50 11.03 0.03 percent [+]


Mexico Inflation Rate

In Mexico, the most important categories in the CPI basket are Nonfood Goods (19.7 percent of the total weight); Housing (18.7 percent) and Other Services (18.4 percent). Food, Beverages and Tobacco account for 14.8 percent and Energy for 9.5 percent. Others include: Products subsidized by the government (5.3 percent); Education (5.1 percent); Meat and Eggs (4.8 percent) and Fruits and Vegetables (3.7 percent). The CPI index has a base of 100 as of December of 2010. The national index tracks 46 large, medium and small cities. This page provides - Mexico Inflation Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news. Mexico Inflation Rate - actual data, historical chart and calendar of releases - was last updated on May of 2018.

Actual Previous Highest Lowest Dates Unit Frequency
4.55 5.04 179.73 2.13 1974 - 2018 percent Monthly
Dec 2010=100




inflation rate by Country
Country Last
Australia 1.90 Mar/18
Brazil 2.76 Apr/18
Canada 2.20 Apr/18
China 1.80 Apr/18
Euro Area 1.20 Apr/18
France 1.60 Apr/18
Germany 1.60 Apr/18
India 4.58 Apr/18
Indonesia 3.41 Apr/18
Italy 0.50 Apr/18
Japan 0.60 Apr/18
Mexico 4.55 Apr/18
Netherlands 0.90 Apr/18
Russia 2.40 Apr/18
South Korea 1.60 Apr/18
Spain 1.10 Apr/18
Switzerland 0.80 Apr/18
Turkey 10.85 Apr/18
United Kingdom 2.50 Mar/18
United States 2.50 Apr/18


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