The annual inflation rate in Mexico increased to 3.33 percent in June 2020 from 2.84 percent in May and above market expectations of 3.2 percent. Prices rose further for housing & utilities (2.74% vs 1.91% in May); miscellaneous goods & services (3.5% vs 3.23%); furnishings (3.82% vs 2.76%); restaurants & hotels (4.14% vs 4.09%); and recreation & culture (1.82% vs 1.62%). Also, cost fell less for transport (-2.16% vs -5.38%); clothing & footwear (-0.7% vs -1.61%); and communication (-1.72% vs -1.78%). Meanwhile, cost of food & non-alcoholic beverages slowed (6.87% vs 7.6%). On a monthly basis, consumer prices went up 0.55 percent, following a 0.38 percent gain in the prior month and compared with forecasts of a 0.42 percent increase. The core index, which strips out some volatile food and energy prices rose 0.37 percent, after a 0.3 percent gain in May.

Inflation Rate in Mexico averaged 24.02 percent from 1974 until 2020, 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. This page provides - Mexico Inflation Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news. Mexico Inflation Rate - data, historical chart, forecasts and calendar of releases - was last updated on August of 2020. source: Instituto Nacional de Estadística y Geografía (INEGI)

Inflation Rate in Mexico is expected to be 2.50 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Inflation Rate in Mexico to stand at 3.10 in 12 months time. In the long-term, the Mexico Inflation Rate is projected to trend around 3.20 percent in 2021 and 3.00 percent in 2022, according to our econometric models.

Ok
Trading Economics members can view, download and compare data from nearly 200 countries, including more than 20 million economic indicators, exchange rates, government bond yields, stock indexes and commodity prices.

The Trading Economics Application Programming Interface (API) provides direct access to our data. It allows API clients to download millions of rows of historical data, to query our real-time economic calendar, subscribe to updates and receive quotes for currencies, commodities, stocks and bonds.

Please Paste this Code in your Website
width
height
Mexico Inflation Rate

Actual Previous Highest Lowest Dates Unit Frequency
3.33 2.84 179.73 2.13 1974 - 2020 percent Monthly
2018=100


Calendar GMT Actual Previous Consensus TEForecast
2020-04-07 11:00 AM Mar 3.25% 3.7% 3.47% 3.6%
2020-05-07 11:00 AM Apr 2.15% 3.25% 2.13% 2.2%
2020-06-09 11:00 AM May 2.84% 2.15% 2.97% 3%
2020-07-09 11:00 AM Jun 3.33% 2.84% 3.2% 3.1%
2020-08-07 11:00 AM Jul 3.33% 3.6%
2020-09-09 11:00 AM Aug
2020-10-09 11:00 AM Sep 3.3%
2020-11-06 12:00 PM Oct


News Stream
Mexico Inflation Rate Rises to 4-Month High in June
The annual inflation rate in Mexico increased to 3.33 percent in June 2020 from 2.84 percent in May and above market expectations of 3.2 percent. Prices rose further for housing & utilities (2.74% vs 1.91% in May); miscellaneous goods & services (3.5% vs 3.23%); furnishings (3.82% vs 2.76%); restaurants & hotels (4.14% vs 4.09%); and recreation & culture (1.82% vs 1.62%). Also, cost fell less for transport (-2.16% vs -5.38%); clothing & footwear (-0.7% vs -1.61%); and communication (-1.72% vs -1.78%). Meanwhile, cost of food & non-alcoholic beverages slowed (6.87% vs 7.6%). On a monthly basis, consumer prices went up 0.55 percent, following a 0.38 percent gain in the prior month and compared with forecasts of a 0.42 percent increase. The core index, which strips out some volatile food and energy prices rose 0.37 percent, after a 0.3 percent gain in May.
2020-07-09
Mexico Inflation Rate Rises to 2.84% in May
The annual inflation rate in Mexico rose to 2.84 percent in May 2020 from an over four-year low of 2.15 percent in the previous month, but below market expectations of 2.97 percent. Prices advanced further for food & non-alcoholic beverages (7.6% vs 6.71% in April); housing & utilities (1.91% vs 1.78%); furnishings (2.76% vs 2.3%); and recreation & culture (1.62% vs 0.53%). Additionally, cost of transport fell at a softer pace (-5.38% vs -8.61%). In contrast, prices eased for miscellaneous goods & services (3.23% vs 3.67%); and restaurants & hotels (4.09% vs 4.20%). Also, cost of clothing & footwear dropped (-1.61% vs 1.03%); communication prices declined at a faster pace (-1.78% vs -1.59%). On a monthly basis, consumer prices went up 0.38 percent, rebounding from a 1.01 percent drop in the prior month. The core index, which strips out some volatile food and energy prices rose 0.3 percent, after a 0.36 percent gain in April.
2020-06-09
Mexico Inflation Rate Falls to Over 4-Year Low in April
The annual inflation rate in Mexico dropped to 2.15 percent in April 2020 from 3.25 percent in the previous month and compared with market expectations of 2.13 percent. It was the lowest inflation rate since December 2015, as cost fell further for transport (-8.61% vs -1.62% in March) amid a slump in oil prices, and communications (-1.59% vs -1.50%). In addition, prices slowed for food & non-alcoholic beverages (6.71% vs 6.81%); clothing & footwear (1.03% vs 2.23%); furnishings (2.30% vs 2.43%); miscellaneous goods & services (3.67% vs 3.97%); recreation & culture (0.53% vs 1.63%); and restaurants & hotels (4.20% vs 4.85%). Meanwhile, cost of housing & utilities rose at a faster pace (1.78% vs 1.60%). On a monthly basis, consumer prices went down 1.01 percent, the most since at least 1969, after falling 0.05 percent in March. The core index, which strips out some volatile food and energy prices increased 0.36 percent, after a 0.29 percent gain in the prior month.
2020-05-07
Mexico Inflation Rate Eases to 3.25% in March
The annual inflation rate in Mexico fell to 3.25 percent in March 2020 from 3.7 percent in the previous month and below market expectations of 3.47 percent. Prices slowed for housing & utilities (1.60 percent vs 1.69 percent in February); furnishings (2.43 percent vs 2.57 percent); and miscellaneous goods & services (3.97 percent vs 4.11 percent). Also, cost of transport dropped 1.62 percent, after rising 2.83 percent in February. On the other hand, food & non-alcoholic beverages prices advanced at a faster pace (6.81 percent vs 5.92 percent). On a monthly basis, consumer prices went down 0.05 percent, after a 0.42 percent gain in February. The core index, which strips out some volatile food and energy prices increased 0.29 percent, easing from a 0.36 percent rise in the previous month.
2020-04-07

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.