Mexico's annual inflation rate eased to 4.45% in April 2026 from 4.59% in March, which was the steepest since August 2024. Figures came marginally below analysts' forecasts of 4.50%. Prices slowed down in several CPI categories, including food & non-alcoholic beverages (6.36% vs 6.91% in March); alcoholic beverages & tobacco (7.97% vs 8.05%); housing & utilities (3.08% vs 3.13%); health (5.25% vs 5.43%); restaurants & hotels (6.89% vs 7.16%) and miscellaneous goods & services (4.81% vs 5.52%). On the other hand, transportation prices rose faster (3.14% vs 2.62%), amid higher fuel costs linked to the Middle East conflict. The core inflation rate, which strips out some volatile food and energy prices, fell to 4.26% in April from 4.45% in March, the lowest in 8 months and slightly below forecasts of 4.27%. On a monthly basis, the CPI went up by 0.2%, down from a 0.86% rise in March and compared to the market consensus of a 0.25% increase. source: Instituto Nacional de Estadística y Geografía (INEGI)

Inflation Rate in Mexico decreased to 4.45 percent in April from 4.59 percent in March of 2026. Inflation Rate in Mexico averaged 21.93 percent from 1974 until 2026, 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. This page provides - Mexico Inflation Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news. Mexico Inflation Rate - data, historical chart, forecasts and calendar of releases - was last updated on May of 2026.

Inflation Rate in Mexico decreased to 4.45 percent in April from 4.59 percent in March of 2026. Inflation Rate in Mexico is expected to be 5.10 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the Mexico Inflation Rate is projected to trend around 3.70 percent in 2027 and 3.40 percent in 2028, according to our econometric models.



Calendar GMT Reference Actual Previous Consensus TEForecast
2026-04-09 12:00 PM
Inflation Rate YoY
Mar 4.59% 4.02% 4.61% 4.6%
2026-05-07 12:00 PM
Inflation Rate YoY
Apr 4.45% 4.59% 4.50% 4.5%
2026-06-09 12:00 PM
Inflation Rate YoY
May 4.45%


Related Last Previous Unit Reference
Consumer Price Index CPI 145.83 145.54 points Apr 2026
Core Consumer Prices 144.99 144.54 points Apr 2026
Core Inflation Rate YoY 4.26 4.45 percent Apr 2026
CPI Housing Utilities 127.28 128.22 points Apr 2026
CPI Transportation 135.82 134.90 points Apr 2026
Food Inflation 6.36 6.91 percent Apr 2026
GDP Deflator 139.10 138.50 points Dec 2025
Inflation Rate YoY 4.45 4.59 percent Apr 2026
Inflation Rate MoM 0.20 0.86 percent Apr 2026
Mid-month Core Inflation Rate MoM 0.18 0.22 percent Apr 2026
Mid-month Core Inflation Rate YoY 4.27 4.46 percent Apr 2026
Mid-month Inflation Rate MoM 0.11 0.62 percent Apr 2026
Mid-month Inflation Rate YoY 4.53 4.63 percent Apr 2026
Producer Prices 135.91 135.85 points Apr 2026
Producer Prices Change 2.56 2.77 percent Apr 2026


Mexico Inflation Rate
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.
Actual Previous Highest Lowest Dates Unit Frequency
4.45 4.59 179.73 2.13 1974 - 2026 percent Monthly
2018=100

News Stream
Mexico's Inflation Rate Slows in April as Expected
Mexico's annual inflation rate eased to 4.45% in April 2026 from 4.59% in March, which was the steepest since August 2024. Figures came marginally below analysts' forecasts of 4.50%. Prices slowed down in several CPI categories, including food & non-alcoholic beverages (6.36% vs 6.91% in March); alcoholic beverages & tobacco (7.97% vs 8.05%); housing & utilities (3.08% vs 3.13%); health (5.25% vs 5.43%); restaurants & hotels (6.89% vs 7.16%) and miscellaneous goods & services (4.81% vs 5.52%). On the other hand, transportation prices rose faster (3.14% vs 2.62%), amid higher fuel costs linked to the Middle East conflict. The core inflation rate, which strips out some volatile food and energy prices, fell to 4.26% in April from 4.45% in March, the lowest in 8 months and slightly below forecasts of 4.27%. On a monthly basis, the CPI went up by 0.2%, down from a 0.86% rise in March and compared to the market consensus of a 0.25% increase.
2026-05-07
Mexico's Inflation Hits 19-Month High
Mexico's annual inflation rate rose to 4.59% in March 2026 from 4.02% in February, the highest since August 2024 but slightly below forecasts of 4.61%. Food and non-alcoholic beverages led the acceleration at 6.91%, followed by alcoholic beverages and tobacco at 8.05%, and restaurants and lodging at 7.16%. Healthcare rose 5.43%, education 5.94%, personal care and miscellaneous goods 5.52%, and insurance and financial services 4.36%. Amid the Middle East oil supply crisis, energy prices rose 2.21% and transport costs climbed 2.62%. Deflation was recorded solely in information and communication at -0.84%. Monthly consumer prices rose 0.86%.
2026-04-09
Mexico Inflation Rate Rises to 8-Month High
The annual inflation rate in Mexico rose to 4.02% in February of 2026 from 3.79% in the previous month, firmly ahead of market expectations of 3.94% to mark the highest inflation rate since June of the previous year. While not a significant overshoot, it was also the first month of inflation above the Bank of Mexico's upper threshold of 4% in the period. Consumer prices rose sharply for processed food and beverages (6.2%) and fruits and vegetables (9.88%). Inflation was also significant for services (4.45%), which is seen as part of the underlying inflation trend by Banxico. From the previous month, consumer prices were 0.5% higher.
2026-03-09