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

Inflation rate in Mexico eased to 5.04 percent year-on-year in March of 2018 from 5.34 percent in February and below market expectations of a 5.12 percent. It was the lowest inflation rate since February last year, as prices of food, beverages & tobacco and housing grew less. This new slowdown in inflation could ease some pressure on the central bank to keep raising interest rates. The bank said the inflation rate is expected to fall and reach the 3 percent target in the first quarter of 2019. Inflation Rate in Mexico averaged 25.04 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 March Inflation Rate Falls to Over 1-Year Low


Inflation rate in Mexico eased to 5.04 percent year-on-year in March of 2018 from 5.34 percent in February and below market expectations of a 5.12 percent. It was the lowest inflation rate since February last year, as prices of food, beverages & tobacco and housing grew less. This new slowdown in inflation could ease some pressure on the central bank to keep raising interest rates. The bank said the inflation rate is expected to fall and reach the 3 percent target in the first quarter of 2019.

Year-on-year, cost rose at a slower pace for food, beverages and tobacco (5.35 percent vs 5.97 percent in February) and housing (2.54 percent vs 2.55 percent). In contrast, inflation picked up for energy (8.85 percent vs 8.2 percent) and education (4.84 percent vs 4.83 percent).

On a monthly basis, consumer prices went up 0.32 percent, below 0.38 percent in February and estimates of 0.41 percent.

The core index, which strips out some volatile food and energy prices rose 0.33 percent during the month (0.49 percent in February) and 4.0 percent year-on-year (4.27 percent in February). 


INEGI | Luisa Carvalho | luisa.carvalho@tradingeconomics.com
4/9/2018 1:57:31 PM



Calendar GMT Actual Previous Consensus TEForecast
2018-02-08 02:00 PM Inflation Rate YoY 5.55% 6.77% 5.51% 5.6%
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 5.04% 4.9%
2018-06-07 01:00 PM Inflation Rate YoY 4.6%
2018-07-09 01:00 PM Inflation Rate YoY 4.5%


Mexico Prices Last Previous Highest Lowest Unit
Inflation Rate 5.04 5.34 179.73 2.13 percent [+]
Inflation Rate Mom 0.32 0.38 15.46 -0.74 percent [+]
Consumer Price Index CPI 132.44 132.01 132.44 0.01 Index Points [+]
Core Consumer Prices 126.59 126.17 126.59 0.11 Index Points [+]
Core Inflation Rate 4.00 4.30 176.90 2.30 percent [+]
GDP Deflator 121.10 119.49 142.44 18.20 Index Points [+]
Producer Prices 122.23 121.81 122.23 60.18 Index Points [+]
Export Prices 111.45 110.43 143.98 32.38 Index Points [+]
Import Prices 228.41 227.43 230.11 42.20 Index Points [+]
Inflation Expectations 3.89 3.96 17.21 3.19 Percent [+]
CPI Transportation 104.05 103.61 104.25 0.06 Index Points [+]
Food Inflation 6.50 7.70 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 April of 2018.

Actual Previous Highest Lowest Dates Unit Frequency
5.04 5.34 179.73 2.13 1974 - 2018 percent Monthly
Dec 2010=100




inflation rate by Country
Country Last
Australia 1.90 Mar/18
Brazil 2.68 Mar/18
Canada 2.30 Mar/18
China 2.10 Mar/18
Euro Area 1.30 Mar/18
France 1.60 Mar/18
Germany 1.60 Mar/18
India 4.28 Mar/18
Indonesia 3.40 Mar/18
Italy 0.80 Mar/18
Japan 1.10 Mar/18
Mexico 5.04 Mar/18
Netherlands 1.00 Mar/18
Russia 2.40 Mar/18
South Korea 1.30 Mar/18
Spain 1.20 Mar/18
Switzerland 0.80 Mar/18
Turkey 10.23 Mar/18
United Kingdom 2.50 Mar/18
United States 2.40 Mar/18


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