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

Consumer prices in Mexico jumped 6.16 percent year-on-year in May of 2017, following a 5.82 percent rise in April and slightly above market expectations of 6.15 percent. The inflation rate accelerated for the eleventh straight month, reaching the highest since April of 2009, driven by cost of housing and utilities, food and energy. Inflation Rate in Mexico averaged 25.40 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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Calendar GMT Actual Previous Consensus Forecast (i)
2017-04-07 01:00 PM Mar 5.35% 4.86% 5.33% 5.2%
2017-05-09 01:00 PM Apr 5.82% 5.35% 5.71% 5.6%
2017-06-08 01:00 PM May 6.16% 5.82% 6.15% 6.1%
2017-07-07 01:00 PM Jun 6.16% 6.43%
2017-08-09 01:00 PM Jul 6.66%
2017-09-07 01:00 PM Aug 6.85%




Mexico Inflation Rate Highest Since April 2009


Consumer prices in Mexico jumped 6.16 percent year-on-year in May of 2017, following a 5.82 percent rise in April and slightly above market expectations of 6.15 percent. The inflation rate accelerated for the eleventh straight month driven by higher cost of housing and utilities, food and energy.

Prices advanced at a faster pace for housing and utilities (2.56 percent vs 2.55 percent in April); food, beverages and tobacco (6.78 percent vs 6.77 percent) and energy (16.09 vs 15.88 percent). Also, cost increased for education (4.40 percent, the same pace as in previous month).

The core index which strips out some volatile food and energy prices advanced 4.78 percent, following a 4.72 percent rise in April.

On a monthly basis, consumer prices went down 0.2 percent compared to a 0.12 percent gain in the prior month and the core index increased 0.28 percent, easing from 0.45 percent.

INEGI | Luisa Carvalho | luisa.carvalho@tradingeconomics.com
6/8/2017 1:22:10 PM



Mexico Prices Last Previous Highest Lowest Unit
Inflation Rate 6.16 5.82 179.73 2.13 percent [+]
Inflation Rate Mom -0.12 0.12 15.46 -0.74 percent [+]
Consumer Price Index CPI 126.09 126.24 126.24 0.01 Index Points [+]
Core Consumer Prices 122.57 122.24 122.57 0.11 Index Points [+]
Core Inflation Rate 4.72 4.48 176.90 2.30 percent [+]
GDP Deflator 142.40 138.19 142.40 18.20 Index Points [+]
Producer Prices 116.82 116.77 117.56 60.18 Index Points [+]
Export Prices 105.44 102.68 143.98 32.38 Index Points [+]
Import Prices 223.72 223.54 230.11 42.20 Index Points [+]
Cpi Transportation 101.32 100.14 102.79 0.06 Index Points [+]
Food Inflation 7.00 6.00 11.03 0.03 percent [+]


Mexico Inflation Rate Notes

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 June of 2017.

Actual Previous Highest Lowest Dates Unit Frequency
6.16 5.82 179.73 2.13 1974 - 2017 percent Monthly
Dec 2010=100



inflation rate by Country

Last
Australia 2.10 Mar/17
Brazil 3.60 May/17
Canada 1.60 Apr/17
China 1.50 May/17
Euro Area 1.40 May/17
France 0.80 May/17
Germany 1.50 May/17
India 2.18 May/17
Indonesia 4.33 May/17
Italy 1.40 May/17
Japan 0.40 Apr/17
Mexico 6.16 May/17
Netherlands 1.10 May/17
Russia 4.10 May/17
South Korea 2.00 May/17
Spain 1.90 May/17
Switzerland 0.50 May/17
Turkey 11.72 May/17
United Kingdom 2.90 May/17
United States 1.90 May/17