Mexico Inflation Rate  1974-2017 | Data | Chart | Calendar | Forecast

Consumer prices in Mexico jumped 5.35 percent year-on-year in March of 2017, following a 4.86 percent rise in February and above market expectations of 5.33 percent. The inflation rate accelerated for the ninth straight month, reaching the highest since July of 2009, mainly driven by prices of food, namely fruits and vegetables. Inflation Rate in Mexico averaged 25.48 percent from 1974 until 2017, 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.

Mexico Inflation Rate
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Calendar GMT Reference Actual Previous Consensus Forecast (i)
2017-02-09 02:00 PM Jan 4.72% 3.36% 4.7% 4.1%
2017-03-09 02:00 PM Feb 4.86% 4.72% 4.82% 4.73%
2017-04-07 01:00 PM Mar 5.35% 4.86% 5.33% 5.2%
2017-05-09 01:00 PM Apr 5.35% 5.1%
2017-06-08 01:00 PM May 5.2%
2017-07-07 01:00 PM Jun 6.39%




Mexico Inflation Rate Highest Since 2009


Consumer prices in Mexico jumped 5.35 percent year-on-year in March of 2017, following a 4.86 percent rise in February and above market expectations of 5.33 percent. The inflation rate accelerated for the ninth straight month, reaching the highest since July of 2009, mainly driven by prices of food, namely fruits and vegetables.

Prices rose faster for food, beverages and tobacco (6.49 percent vs 6.03 percent in February), namely fruits and vegetables; housing (2.56 percent vs 2.55 percent) and education (4.41 percent vs 4.40 percent). Meantime, cost increased at a slower pace for energy (17.09 percent vs 17.16 percent). 

The core index which strips out some volatile food and energy prices advanced 4.48 percent, following a 4.25 percent increase in February.

On a monthly basis, consumer prices rose 0.61 percent, quickening from 0.58 percent in the prior month and the core index went up 0.57 percent.

INEGI |Luisa Carvalho | luisa.carvalho@tradingeconomics.com
4/7/2017 2:16:51 PM



Mexico Prices Last Previous Highest Lowest Unit
Inflation Rate 5.35 4.86 179.73 2.13 percent [+]
Inflation Rate Mom 0.61 0.58 15.46 -0.74 percent [+]
Consumer Price Index CPI 126.09 125.32 126.09 0.01 Index Points [+]
Core Consumer Prices 121.69 121.00 121.69 0.11 Index Points [+]
Core Inflation Rate 4.48 4.25 176.90 2.30 percent [+]
GDP Deflator 138.09 136.02 138.09 18.93 Index Points [+]
Producer Prices 117.09 117.56 117.56 60.18 Index Points [+]
Export Prices 102.68 101.05 143.98 32.38 Index Points [+]
Import Prices 223.54 222.57 230.11 42.20 Index Points [+]
Cpi Transportation 99.57 99.07 102.79 0.06 Index Points [+]
Food Inflation 4.23 2.40 11.03 0.03 percent [+]


Mexico Inflation Rate Notes

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 April of 2017.

Actual Previous Highest Lowest Dates Unit Frequency
5.35 4.86 179.73 2.13 1974 - 2017 percent Monthly
Dec 2010=100



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