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

Consumer prices in Mexico went up 2.6 percent year-on-year in May of 2016, slightly up from a 2.54 percent rise in the previous month and market expectations of 2.58 percent. Although marginal, it is the first increase in inflation since February when the central bank unexpectedly raised interest rates aiming to protect the currency. The inflation rate has been running below the central bank’s 3 percent target since mid-2015 due to lower oil prices. Inflation Rate in Mexico averaged 25.91 percent from 1974 until 2016, 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
2.60 2.54 179.73 2.13 1974 - 2016 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 June of 2016.


Calendar GMT Reference Actual Previous Consensus Forecast (i)
2016-04-07 01:00 PM Mar 2.6% 2.87% 2.63% 2.9%
2016-05-09 01:00 PM Apr 2.54% 2.6% 2.61% 2.8%
2016-06-09 01:00 PM May 2.6% 2.54% 2.58% 2.51%
2016-07-07 01:00 PM Jun 2.6% 2.63%
2016-08-09 01:00 PM Jul 2.65%
2016-09-08 01:00 PM Aug 2.67%

Mexico Inflation Rate Up to 2.6% in May


Consumer prices in Mexico went up 2.6 percent year-on-year in May of 2016, slightly up from a 2.54 percent rise in the previous month and market expectations of 2.58 percent. Although marginal, it is the first increase in inflation since February when the central bank unexpectedly raised interest rates aiming to protect the currency. The inflation rate has been running below the central bank’s 3 percent target since mid-2015 due to lower oil prices.

Year-on-year cost of goods increased at a faster 3.55 percent (+3.37 percent in April) as food, drinks and tobacco rose 3.79 percent (+3.37 percent in April) while non-food products grew by a slower 3.35 percent (+3.36 percent in April). Services inflation accelerated (+2.41 percent from +2.37 percent in April) as housing (+2.22 percent from +2.17 percent in April) and other services (+2.09 percent from 2.06 percent in April) grew at a faster pace while cost of education rose at the same as in the previous period (+4.12 percent). Prices of energy went down 1.81 percent after falling 1.13 percent in April.

On a monthly basis, prices decreased 0.45 percent, following a 0.32 percent drop in April.

INEGI | Francisco Caeiro | francisco.caeiro@tradingeconomics.com
6/9/2016 4:36:47 PM

Mexico Prices Last Previous Highest Lowest Unit
Inflation Rate 2.60 2.54 179.73 2.13 percent [+]
Inflation Rate Mom -0.45 -0.32 15.46 -0.74 percent [+]
Consumer Price Index CPI 118.77 119.30 119.68 0.01 Index Points [+]
Core Consumer Prices 116.98 116.73 116.98 0.11 Index Points [+]
Core Inflation Rate 2.93 2.83 176.90 2.30 percent [+]
GDP Deflator 131.05 128.81 131.05 18.93 Index Points [+]
Producer Prices 107.67 106.23 107.67 60.18 Index Points [+]
Export Prices 99.98 98.27 143.98 32.38 Index Points [+]
Import Prices 217.11 217.00 230.11 42.20 Index Points [+]
Food Inflation 4.60 4.08 11.03 0.03 percent [+]
Cpi Transportation 95.96 96.55 102.79 0.06 Index Points [+]




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Georgia 2.10 May/16
Germany 0.10 May/16
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Guinea 7.70 Mar/16
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Hong Kong 2.60 May/16
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India 5.76 May/16
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Iran 7.40 Apr/16
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Ireland 0.00 May/16
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Italy -0.30 May/16
Ivory Coast 2.30 May/16
Jamaica 2.10 May/16
Japan -0.30 Apr/16
Jordan -1.60 May/16
Kazakhstan 16.70 May/16
Kenya 5.00 May/16
Kosovo -0.10 May/16
Kuwait 2.85 Apr/16
Kyrgyzstan 0.30 May/16
Laos 0.96 Apr/16
Latvia -0.80 May/16
Lebanon -2.45 May/16
Lesotho 7.80 Apr/16
Liberia 7.10 Mar/16
Libya 10.10 Nov/15
Liechtenstein -0.40 May/16
Lithuania 0.50 May/16
Luxembourg -0.03 May/16
Macau 2.64 May/16
Macedonia -0.70 May/16
Madagascar 6.20 Apr/16
Malawi 21.50 May/16
Malaysia 2.00 May/16
Maldives 0.60 Apr/16
Mali -0.60 May/16
Malta 1.00 May/16
Mauritania 0.90 Apr/16
Mauritius 0.80 May/16
Mexico 2.60 May/16
Moldova 7.90 May/16
Mongolia 1.80 May/16
Montenegro -1.00 May/16
Morocco 1.90 May/16
Mozambique 18.27 May/16
Myanmar 14.59 Nov/15
Namibia 6.70 May/16
Nepal 10.00 May/16
Netherlands 0.00 May/16
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Panama 0.30 May/16
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Paraguay 3.50 May/16
Peru 3.54 May/16
Philippines 1.60 May/16
Poland -0.90 May/16
Portugal 0.30 May/16
Puerto Rico -0.20 Apr/16
Qatar 2.60 May/16
Republic of the Congo 3.70 Apr/15
Romania -3.50 May/16
Russia 7.30 May/16
Rwanda 4.40 May/16
Sao Tome and Principe 6.00 Apr/16
Saudi Arabia 4.10 May/16
Senegal 1.30 Apr/16
Serbia 0.70 May/16
Seychelles -1.20 May/16
Sierra Leone 8.85 Dec/15
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South Africa 6.10 May/16
South Korea 0.80 May/16
South Sudan 295.00 May/16
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Tanzania 5.20 May/16
Thailand 0.46 May/16
Togo 2.40 May/16
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Turkmenistan 7.00 Dec/15
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Ukraine 7.50 May/16
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United States 1.00 May/16
Uruguay 11.00 May/16
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Venezuela 180.90 Dec/15
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Zambia 21.30 May/16
Zimbabwe -1.69 May/16