Mexico Inflation Rate  1974-2017 | Data | Chart | Calendar | Forecast

Consumer prices in Mexico jumped 6.66 percent year-on-year in August of 2017, following a 6.44 percent rise in July and matching market expectations. The inflation rate accelerated for the fourteenth consecutive month to hit the highest level since May of 2001, led by higher prices of food, housing & utilities, energy and education. On a monthly basis, consumer prices rose 0.49 percent. The central bank expects inflation to stay above the 3-4 percent target in 2017 and to converge to 3 percent by the end of 2018 Inflation Rate in Mexico averaged 25.30 percent from 1974 until 2017, 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 Inflation Rate Hits Highest Level in Over 16 Years


Consumer prices in Mexico jumped 6.66 percent year-on-year in August of 2017, following a 6.44 percent rise in July and matching market expectations. The inflation rate accelerated for the fourteenth consecutive month to hit the highest level since May of 2001, led by higher prices of food, housing & utilities, energy and education. On a monthly basis, consumer prices rose 0.49 percent. The central bank expects inflation to stay above the 3-4 percent target in 2017 and to converge to 3 percent by the end of 2018.

Prices continued to advance for food, beverages and tobacco (7.57 percent vs 7.25 percent in July); housing and utilities (2.62 percent vs 2.56 percent) and education (4.63 percent vs 4.32 percent). Meanwhile, cost of energy slowed a bit, despite staying high (12.72 percent vs 13.07 percent).

On a monthly basis, consumer prices went up 0.49 percent compared to a 0.38 percent increase in the previous month.

The core index, which strips out some volatile food and energy prices, rose 0.25 percent during the month and 5.00 percent year-on-year.

INEGI |Luisa Carvalho | luisa.carvalho@tradingeconomics.com
9/7/2017 1:37:47 PM



Calendar GMT Actual Previous Consensus TEForecast
2017-07-07 01:00 PM Inflation Rate YoY 6.31% 6.16% 6.34% 6.5%
2017-08-09 01:00 PM Inflation Rate YoY 6.44% 6.31% 6.37% 6.4%
2017-09-07 01:00 PM Inflation Rate YoY 6.66% 6.44% 6.66% 6.60%
2017-10-09 01:00 PM Inflation Rate YoY 6.66% 7.1%
2017-11-09 02:00 PM Inflation Rate YoY 6.70%
2017-12-07 02:00 PM Inflation Rate YoY 6.80%


Mexico Prices Last Previous Highest Lowest Unit
Inflation Rate 6.66 6.44 179.73 2.13 percent [+]
Inflation Rate Mom 0.49 0.38 15.46 -0.74 percent [+]
Consumer Price Index CPI 127.51 126.89 127.51 0.01 Index Points [+]
Core Consumer Prices 123.59 123.28 123.59 0.11 Index Points [+]
Core Inflation Rate 5.00 4.94 176.90 2.30 percent [+]
GDP Deflator 142.44 142.40 142.44 18.20 Index Points [+]
Producer Prices 116.11 115.81 117.56 60.18 Index Points [+]
Export Prices 107.95 106.42 143.98 32.38 Index Points [+]
Import Prices 224.84 223.27 230.11 42.20 Index Points [+]
CPI Transportation 101.63 102.10 102.79 0.06 Index Points [+]
Food Inflation 7.30 6.90 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 September of 2017.

Actual Previous Highest Lowest Dates Unit Frequency
6.66 6.44 179.73 2.13 1974 - 2017 percent Monthly
Dec 2010=100




inflation rate by Country

Last
Australia 1.90 Jun/17
Brazil 2.46 Aug/17
Canada 1.20 Jul/17
China 1.80 Aug/17
Euro Area 1.50 Aug/17
France 0.90 Aug/17
Germany 1.80 Aug/17
India 3.36 Aug/17
Indonesia 3.82 Aug/17
Italy 1.20 Aug/17
Japan 0.40 Jul/17
Mexico 6.66 Aug/17
Netherlands 1.40 Aug/17
Russia 3.30 Aug/17
South Korea 2.60 Aug/17
Spain 1.60 Aug/17
Switzerland 0.50 Aug/17
Turkey 10.68 Aug/17
United Kingdom 2.90 Aug/17
United States 1.90 Aug/17