Mexico Inflation Rate  1974-2016 | Data | Chart | Calendar | Forecast

Consumer prices in Mexico increased 2.13 percent year-on-year in December of 2015, slowing from a 2.21 percent rise in the previous month and the lowest inflation rate on record. The central bank of Mexico said it expected the inflation to end the year around 2 percent, before rising to near the bank's 3 percent target in 2016. Inflation Rate in Mexico averaged 26.14 percent from 1974 until 2015, 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. Inflation Rate in Mexico is reported by the Instituto Nacional de Estadística y Geografía (INEGI).

Mexico Inflation Rate
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Actual Previous Highest Lowest Dates Unit Frequency
2.13 2.21 179.73 2.13 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. Mexico Inflation Rate - actual data, historical chart and calendar of releases - was last updated on February of 2016.


Calendar GMT Reference Actual Previous Consensus Forecast (i)
2015-11-09 02:00 PM Oct 2.48% 2.52% 2.6%
2015-12-09 02:00 PM Nov 2.21% 2.48% 2.28% 2.4%
2016-01-07 02:00 PM Dec 2.13% 2.21% 2.08% 2%
2016-02-09 02:00 PM Jan 2.13% 2.52% 2.7%
2016-03-09 02:00 PM Feb 2.01%
2016-04-07 01:00 PM Mar 1.96%

Mexico Inflation Rate Down to Fresh Record Low


Consumer prices in Mexico increased 2.13 percent year-on-year in December of 2015, slowing from a 2.21 percent rise in the previous month and the lowest inflation rate on record. The central bank of Mexico said it expected the inflation to end the year around 2 percent, before rising to near the bank's 3 percent target in 2016.

The inflation rate has been below the central bank’s target since May due to sluggish growth and lower telecom and housing related prices and despite a nearly 16 percent depreciation of the peso against the USD in 2015.

The biggest annual rise was recorded for education (4.29 percent), followed by restaurants and hotels (4.21 percent), health (4.13 percent), furniture (3.25 percent), alcohol and tobacco (3.02 percent), clothing and footwear (2.89 percent). Transport prices rose 2.44 percent, food grew 2.12 percent and housing and utilities cost went up 1.23 percent.

On a monthly basis, consumer prices went up 0.41 percent, lower than 0.55 percent in November.

The core index increased 0.31 percent on the month and increased 2.41 percent on an annual basis.

Joana Taborda | joana.taborda@tradingeconomics.com
1/7/2016 2:22:17 PM

Mexico Prices Last Previous Highest Lowest Unit
Inflation Rate 2.13 2.21 179.73 2.13 percent [+]
Inflation Rate Mom 0.41 0.55 15.46 -0.74 percent [+]
Consumer Price Index CPI 118.53 118.05 118.53 0.01 Index Points [+]
Core Consumer Prices 115.42 115.07 115.42 0.11 Index Points [+]
Core Inflation Rate 2.41 2.34 176.90 2.30 percent [+]
GDP Deflator 128.82 128.74 128.82 18.93 Index Points [+]
Producer Prices 103.80 103.92 104.26 60.18 Index Points [+]
Export Prices 101.77 103.45 143.98 32.38 Index Points [+]
Import Prices 218.85 219.65 230.11 42.20 Index Points [+]
Food Inflation 2.12 2.50 11.03 0.03 percent [+]




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