Mexico's annual inflation rate rose to 4.59% in March 2026 from 4.02% in February, the highest since August 2024 but slightly below forecasts of 4.61%. Food and non-alcoholic beverages led the acceleration at 6.91%, followed by alcoholic beverages and tobacco at 8.05%, and restaurants and lodging at 7.16%. Healthcare rose 5.43%, education 5.94%, personal care and miscellaneous goods 5.52%, and insurance and financial services 4.36%. Amid the Middle East oil supply crisis, energy prices rose 2.21% and transport costs climbed 2.62%. Deflation was recorded solely in information and communication at -0.84%. Monthly consumer prices rose 0.86%. source: Instituto Nacional de Estadística y Geografía (INEGI)

Inflation Rate in Mexico increased to 4.59 percent in March from 4.02 percent in February of 2026. Inflation Rate in Mexico averaged 21.96 percent from 1974 until 2026, 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 April of 2026.

Inflation Rate in Mexico increased to 4.59 percent in March from 4.02 percent in February of 2026. Inflation Rate in Mexico is expected to be 5.10 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the Mexico Inflation Rate is projected to trend around 3.70 percent in 2027 and 3.40 percent in 2028, according to our econometric models.



Calendar GMT Reference Actual Previous Consensus TEForecast
2026-03-09 12:00 PM
Inflation Rate YoY
Feb 4.02% 3.79% 3.94% 3.9%
2026-04-09 12:00 PM
Inflation Rate YoY
Mar 4.59% 4.02% 4.61% 4.6%
2026-05-07 12:00 PM
Inflation Rate YoY
Apr 4.59%


Related Last Previous Unit Reference
Consumer Price Index CPI 145.54 144.31 points Mar 2026
Core Consumer Prices 144.54 143.99 points Mar 2026
Core Inflation Rate YoY 4.45 4.50 percent Mar 2026
CPI Housing Utilities 128.22 127.49 points Mar 2026
CPI Transportation 134.90 133.72 points Mar 2026
Food Inflation 6.91 5.16 percent Mar 2026
GDP Deflator 139.10 138.50 points Dec 2025
Inflation Rate YoY 4.59 4.02 percent Mar 2026
Inflation Rate MoM 0.86 0.50 percent Mar 2026
Mid-month Core Inflation Rate MoM 0.22 0.22 percent Mar 2026
Mid-month Core Inflation Rate YoY 4.46 4.52 percent Mar 2026
Mid-month Inflation Rate MoM 0.62 0.25 percent Mar 2026
Mid-month Inflation Rate YoY 4.63 3.92 percent Mar 2026
Producer Prices 135.91 134.54 points Mar 2026
Producer Prices Change 2.46 1.66 percent Mar 2026


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.
Actual Previous Highest Lowest Dates Unit Frequency
4.59 4.02 179.73 2.13 1974 - 2026 percent Monthly
2018=100

News Stream
Mexico's Inflation Hits 19-Month High
Mexico's annual inflation rate rose to 4.59% in March 2026 from 4.02% in February, the highest since August 2024 but slightly below forecasts of 4.61%. Food and non-alcoholic beverages led the acceleration at 6.91%, followed by alcoholic beverages and tobacco at 8.05%, and restaurants and lodging at 7.16%. Healthcare rose 5.43%, education 5.94%, personal care and miscellaneous goods 5.52%, and insurance and financial services 4.36%. Amid the Middle East oil supply crisis, energy prices rose 2.21% and transport costs climbed 2.62%. Deflation was recorded solely in information and communication at -0.84%. Monthly consumer prices rose 0.86%.
2026-04-09
Mexico Inflation Rate Rises to 8-Month High
The annual inflation rate in Mexico rose to 4.02% in February of 2026 from 3.79% in the previous month, firmly ahead of market expectations of 3.94% to mark the highest inflation rate since June of the previous year. While not a significant overshoot, it was also the first month of inflation above the Bank of Mexico's upper threshold of 4% in the period. Consumer prices rose sharply for processed food and beverages (6.2%) and fruits and vegetables (9.88%). Inflation was also significant for services (4.45%), which is seen as part of the underlying inflation trend by Banxico. From the previous month, consumer prices were 0.5% higher.
2026-03-09
Mexico Inflation Rate Accelerates in January
Mexico’s annual inflation rate rose to 3.79% in January 2026 from 3.69% in the previous month, below market expectations of 3.82%. Price pressures were strongest in other services (7.68%), a category that includes street food outlets, restaurants and similar venues, mobile phone services, car maintenance, medical consultations and packaged tourism services. Inflation was also elevated in healthcare and personal care (5.37%) and food, beverages and tobacco (4.43%). Prices for clothing, footwear and accessories increased 2.82%, while housing costs rose 2.91%. The smallest increases were recorded in furniture and household appliances (1.38%) and transport (1.58%). On a monthly basis, consumer prices rose 0.38%.
2026-02-09