Mexico Interest Rate  2005-2018 | Data | Chart | Calendar | Forecast

The Central Bank of Mexico decided unanimously to leave its benchmark interest rate at an over nine-year high of 7.75% on August 2nd, as expected. It was the first monetary policy decision since national elections, after a strong appreciation of the peso while preliminary figures showed the economy contracted 0.1% in Q2. Policymakers said inflationary risks increased due to higher oil and gasoline prices although such risks are seen transitory. Inflation is expected at 4%-4.25% in 2018 and at 3.6% in 2019. In June, inflation edged up to 4.65% from 4.51%. In addition, the central bank slightly lowered growth forecasts for 2018 to 2-2.5% from 2-3%, mentioning global uncertainty. Interest Rate in Mexico averaged 5.53 percent from 2005 until 2018, reaching an all time high of 9.25 percent in October of 2005 and a record low of 3 percent in June of 2014.

Mexico Interest Rate
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Calendar GMT Actual Previous Consensus TEForecast
2018-05-17 06:00 PM Interest Rate Decision 7.5% 7.5% 7.5% 7.5%
2018-06-21 06:00 PM Interest Rate Decision 7.75% 7.5% 7.75% 7.75%
2018-08-02 06:00 PM Interest Rate Decision 7.75% 7.75% 7.75% 7.75%
2018-08-16 03:00 PM Monetary Policy Meeting Minutes
2018-08-29 05:30 PM Banxico Inflation Report
2018-10-04 06:00 PM Interest Rate Decision 7.75% 7.75%


Mexico Money Last Previous Highest Lowest Unit
Interest Rate 7.75 7.75 9.25 3.00 percent [+]
Interbank Rate 8.10 7.93 89.48 3.29 percent [+]
Money Supply M0 1528709.90 1534342.00 1545934.30 2741.00 MXN Million [+]
Money Supply M1 4285168439.00 4154128582.00 4285168439.00 3093600.00 MXN Thousand [+]
Money Supply M2 8577784807.00 8481294130.00 13678464655.00 15370409.00 MXN Thousand [+]
Money Supply M3 9705707449.00 9605648136.00 15992691139.00 15483730.00 MXN Thousand [+]
Foreign Exchange Reserves 178009.00 178410.00 199161.40 32970.50 USD Million [+]
Banks Balance Sheet 5994605.20 5858106.20 5994605.20 1171622.00 MXN Million [+]
Loans to Private Sector 2352487758.00 2301790660.00 2352487758.00 309796117.00 MXN Thousand [+]
Deposit Interest Rate 2.70 1.29 94.96 0.59 percent [+]
Central Bank Balance Sheet 3600534022.00 3569633881.00 3881189549.00 9740027.00 MXN Thousand [+]


Mexico Interest Rate

In Mexico, interest rate decisions are taken by the Bank of Mexico (Banco de México). Starting January of 2008, Banco de México has adopted as an operating target the overnight interbank rate (tasa de fondeo bancario) instead of the level of commercial banks’ current account balances at the central bank (corto). This page provides - Mexico Interest Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news. Mexico Interest Rate - actual data, historical chart and calendar of releases - was last updated on August of 2018.

Actual Previous Highest Lowest Dates Unit Frequency
7.75 7.75 9.25 3.00 2005 - 2018 percent Daily




interest rate by Country
Country Last
Turkey 17.75 Jul/18
Mexico 7.75 Aug/18
Russia 7.25 Jul/18
Brazil 6.50 Aug/18
India 6.50 Aug/18
Indonesia 5.50 Aug/18
China 4.35 Jul/18
United States 2.00 Aug/18
Australia 1.50 Aug/18
Canada 1.50 Jul/18
South Korea 1.50 Jul/18
United Kingdom 0.75 Aug/18
Euro Area 0.00 Jul/18
France 0.00 Jul/18
Germany 0.00 Jul/18
Italy 0.00 Jul/18
Netherlands 0.00 Jul/18
Spain 0.00 Jul/18
Japan -0.10 Jul/18
Switzerland -0.75 Jul/18


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