Mexico Inflation Rate 1974-2014 | Data | Chart | Calendar | Forecast

The inflation rate in Mexico was recorded at 4.30 percent in October of 2014. Inflation Rate in Mexico averaged 26.80 Percent from 1974 until 2014, reaching an all time high of 179.73 Percent in February of 1988 and a record low of 2.91 Percent in November of 2005. Inflation Rate in Mexico is reported by the Instituto Nacional de Estadística y Geografía (INEGI).

   
  Forecast  

Mexico Inflation Rate


Actual Previous Highest Lowest Dates Unit Frequency
4.30 4.22 179.73 2.91 1974 - 2014 percent Monthly
Dec 2010=100
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. Content for - Mexico Inflation Rate - was last refreshed on Monday, November 24, 2014.


Mexico Inflation Rate Keeps Rising


Mexican annual inflation rate accelerated further to 4.3 percent in October of 2014 from 4.22 percent in September, pushed up by higher food prices. Monthly inflation accelerated to 0.55 percent, the highest in nine months.

Year-on-year, prices of food and non-alcoholic beverages rose the most by 6.5 percent, followed by alcoholic beverages and tobacco (6.35 percent), restaurant and hotels (6.31 percent) and transport prices (6.10 percent).

Additional upward pressures came from prices of education (4.31 percent), health (4.07 percent) and furniture (2.89 percent). In contrast, communication cost fell 4.26 percent.

On a monthly basis, consumer prices rose 0.55 percent in October, following a 0.44 percent increase in September, driven by higher electricity cost.

Annual core inflation rate slowed to 3.32 percent from 3.34 percent in the previous month.

INEGI I Ricardo Martins I ricardo.martins@tradingeconomics.com
11/7/2014 2:33:44 PM


Recent Releases

Mexico Inflation Rate Rises Further
Mexican annual inflation rate accelerated for the fifth straight month to 4.22 percent in September of 2014 from 4.15 percent in August. Monthly inflation rose to 0.44 percent, the highest rate in eight months. Published on 2014-10-09

Mexico Inflation Rate Up to 6-Month High
Mexican annual inflation rate accelerated to 4.15 percent in August of 2014 from 4.07 percent in July, staying above the central bank’s target ceiling for the second straight month. Published on 2014-09-09


Calendar GMT Event Actual Previous Consensus Forecast (i)
2014-09-09 02:00 PM
Inflation Rate YoY  Aug 2014
4.15% 4.07% 4.1% 4.2%
2014-10-09 02:00 PM
Inflation Rate YoY  Sep 2014
4.22% 4.15% 4.25% 4.2%
2014-11-07 02:00 PM
Inflation Rate YoY  Oct 2014
4.30% 4.22% 4.33%
2014-12-09 02:00 PM
Inflation Rate YoY  Nov 2014
4.30% 4.25%


Mexico Prices Last Previous Highest Lowest Unit
Inflation Rate 4.30 4.22 179.73 2.91 percent [+]
Inflation Rate Mom 0.55 0.44 15.46 -0.74 percent [+]
Consumer Price Index CPI 114.56 113.93 114.56 0.02 Index Points [+]
Core Inflation Rate 3.32 3.34 176.90 2.40 percent [+]
Core Consumer Prices 112.26 112.07 112.26 0.12 Index Points [+]
GDP Deflator 124.22 123.64 124.22 18.93 Index Points [+]
Producer Prices 102.93 103.50 103.56 62.78 Index Points [+]
Export Prices 128.54 129.77 143.98 32.38 Index Points [+]
Import Prices 230.19 228.85 230.19 42.20 Index Points [+]
Food Inflation 5.33 6.15 11.03 0.03 percent [+]


Inflation Rate Reference Previous Highest Lowest Unit
Australia 2.30 Aug/14 3.00 23.90 -1.30 percent [+]
Brazil 6.59 Oct/14 6.75 6821.31 1.65 percent [+]
Canada 2.40 Oct/14 2.00 21.60 -17.80 percent [+]
China 1.60 Oct/14 1.60 28.40 -2.20 percent [+]
Euro Area 0.40 Oct/14 0.30 5.00 -0.70 percent [+]
France 0.50 Oct/14 0.30 18.80 -0.70 percent [+]
Germany 0.80 Oct/14 0.80 11.54 -7.62 percent [+]
India 5.52 Oct/14 6.46 11.16 5.52 percent [+]
Indonesia 4.83 Oct/14 4.53 82.40 -1.17 percent [+]
Italy 0.10 Oct/14 -0.20 25.64 -2.44 percent [+]
Japan 3.20 Sep/14 3.30 25.00 -2.52 percent [+]
Mexico 4.30 Oct/14 4.22 179.73 2.91 percent [+]
Netherlands 1.10 Oct/14 0.90 11.19 -1.30 percent [+]
Russia 8.30 Oct/14 8.00 2333.30 3.60 percent [+]
South Korea 1.20 Oct/14 1.10 32.50 0.20 percent [+]
Spain -0.10 Oct/14 -0.20 28.43 -1.37 percent [+]
Switzerland 0.00 Oct/14 -0.10 11.92 -1.37 percent [+]
Turkey 8.96 Oct/14 8.86 138.71 -4.01 percent [+]
United Kingdom 1.30 Oct/14 1.20 8.50 0.50 percent [+]
United States 1.70 Oct/14 1.70 23.70 -15.80 percent [+]