Mexico Inflation Rate 1974-2015 | Data | Chart | Calendar | Forecast

The inflation rate in Mexico was recorded at 3.07 percent in January of 2015. Inflation Rate in Mexico averaged 26.66 percent from 1974 until 2015, 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
3.07 4.08 179.73 2.91 1974 - 2015 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 Friday, February 27, 2015.


Mexico's Inflation Rate at 4-Year Low in January


Mexican annual inflation rate declined to 3.07 percent in January of 2015 from 4.08 percent recorded in December. It was the lowest rate since March of 2011, slightly below market expectations and back to the central bank’s target of 4 percent for the first time in seven months.

Year-on-year, communication prices dropped 13 percent (-6.77 percent in the previous month), registering the only annual decrease. Food and non-alcoholic beverages index rose by 5.39 percent (+6.64 percent) while cost of transport increased 2.47 percent (+4.98 percent). Housing, water, electricity and gas cost grew 2.38 percent (+2.98 percent) and clothing and footwear prices advanced 2.04 percent (+2.27 percent).

On a monthly basis, consumer prices fell 0.09 percent, mostly due a 0.3 percent drop in transport cost as oil prices continue to slow down.  

Annual core inflation rate decreased 0.03 percent to 2.34 percent in January of 2015.

INEGI I Carolina Cunha I carolina.cunha@tradingeconomics.com
2/9/2015 5:02:07 PM


Recent Releases

Mexico Inflation Rate At 5-Month Low
Mexican annual inflation rate eased slightly to 4.08 percent in December from 4.17 percent in November. It is the lowest rate in five months but still above the central bank's 4 percent tolerance ceiling. Published on 2015-01-08

Mexico Inflation Rate Edges Down in November
Mexican consumer prices rose 4.17 percent year-on-year in November following a 4.3 percent increase in the previous month. Although the inflation rate slowed for the first time in seven months, it is still above the central bank's 4 percent tolerance ceiling. Published on 2014-12-09


Calendar GMT Event Actual Previous Consensus Forecast (i)
2014-12-09 02:00 PM
Inflation Rate YoY  Nov
4.17% 4.30% 4.18% 4.35%
2015-01-08 02:00 PM
Inflation Rate YoY  Dec
4.08% 4.17% 4.11% 3.54%
2015-02-09 02:00 PM
Inflation Rate YoY  Jan
3.07% 4.08% 3.1% 3%
2015-03-09 02:00 PM
Inflation Rate YoY  Feb
3.07% 2.95%
2015-04-09 02:00 PM
Inflation Rate YoY  Mar
3.04%
2015-05-07 02:00 PM
Inflation Rate YoY  Apr
3.63%


Mexico Prices Last Previous Highest Lowest Unit
Inflation Rate 3.07 4.08 179.73 2.91 percent [+]
Inflation Rate Mom -0.09 0.49 15.46 -0.74 percent [+]
Consumer Price Index CPI 115.95 116.05 116.05 0.01 Index Points [+]
Core Inflation Rate 2.33 3.24 176.90 2.33 percent [+]
Core Consumer Prices 112.66 112.70 112.70 0.11 Index Points [+]
GDP Deflator 124.51 124.11 124.51 18.93 Index Points [+]
Producer Prices 101.27 102.57 103.44 60.18 Index Points [+]
Export Prices 113.69 121.74 143.98 32.37 Index Points [+]
Import Prices 225.53 227.08 230.19 42.19 Index Points [+]
Food Inflation 5.39 6.64 11.03 0.03 percent [+]


Inflation Rate Reference Previous Highest Lowest Unit
Australia 1.70 Nov/14 2.30 23.90 -1.30 percent [+]
Brazil 7.14 Jan/15 6.41 6821.31 1.65 percent [+]
Canada 1.00 Jan/15 1.50 21.60 -17.80 percent [+]
China 0.80 Jan/15 1.50 28.40 -2.20 percent [+]
Euro Area -0.60 Jan/15 -0.20 5.00 -0.70 percent [+]
France -0.40 Jan/15 0.10 18.80 -0.70 percent [+]
Germany -0.40 Jan/15 0.20 11.54 -7.62 percent [+]
India 5.11 Jan/15 5.00 11.16 4.38 percent [+]
Indonesia 6.96 Jan/15 8.36 82.40 -1.17 percent [+]
Italy -0.60 Jan/15 0.00 25.64 -0.60 percent [+]
Japan 2.40 Jan/15 2.40 25.00 -2.52 percent [+]
Mexico 3.07 Jan/15 4.08 179.73 2.91 percent [+]
Netherlands 0.00 Jan/15 0.70 11.19 -1.30 percent [+]
Russia 15.00 Jan/15 11.40 2333.30 3.60 percent [+]
South Korea 0.80 Jan/15 0.80 32.50 0.20 percent [+]
Spain -1.10 Feb/15 -1.30 28.43 -1.37 percent [+]
Switzerland -0.50 Jan/15 -0.30 11.92 -1.37 percent [+]
Turkey 7.24 Jan/15 8.17 138.71 -4.01 percent [+]
United Kingdom 0.30 Jan/15 0.50 8.50 0.30 percent [+]
United States -0.10 Jan/15 0.80 23.70 -15.80 percent [+]