Mexico Inflation Rate

The inflation rate in Mexico was recorded at 3.76 percent in March of 2014. Inflation Rate in Mexico is reported by the Instituto Nacional de Estadística y Geografía (INEGI). Inflation Rate in Mexico averaged 27.14 Percent from 1974 until 2014, 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. 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. 2014-04-25

Actual Previous Highest Lowest Forecast Dates Unit Frequency
3.76 4.23 179.73 2.91 3.80 | 2014/06 1974 - 2014 Percent Monthly

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Mexico Inflation Rate
LIST BY COUNTRY


CALENDAR GMT Country Event Reference Actual Previous Consensus Forecast
2014-01-09 02:00 PM Mexico
Inflation Rate YoY
Dec 2013 3.97% 3.62% 3.85% 3.48%
2014-02-07 02:00 PM Mexico
Inflation Rate YoY
Jan 2014 4.48% 3.97% 4.54% 4.12%
2014-03-07 02:00 PM Mexico
Inflation Rate YoY
Feb 2014 4.23% 4.48% 4.22% 4.2%
2014-04-09 02:00 PM Mexico
Inflation Rate YoY
Mar 2014 3.76% 4.23% 3.8% 4.2%
2014-05-08 02:00 PM Mexico
Inflation Rate YoY
Apr 2014 3.76% 4.25%
2014-06-09 02:00 PM Mexico
Inflation Rate YoY
May 2014 4%
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Prices Last Previous Highest Lowest Forecast Unit
Core Inflation Rate 2.89 2014-03-15 2.98 176.90 2.40 2.77 2014-06-30 Percent [+]
Consumer Price Index (CPI) 113.10 2014-03-15 112.79 113.10 0.02 113.14 2014-04-30 Index Points [+]
Core Consumer Prices 110.64 2014-03-15 110.40 110.64 0.12 110.83 2014-04-30 Index Points [+]
Export Prices 129.09 2014-02-15 128.37 143.98 32.38 130.00 2014-03-31 Index Points [+]
GDP Deflator 120.69 2013-11-15 120.15 120.69 19.16 121.47 2014-03-31 Index Points [+]
Import Prices 229.54 2014-02-15 228.43 229.54 42.20 230.70 2014-03-31 Index Points [+]
Inflation Rate Mom 0.27 2014-03-31 0.25 15.46 -0.74 0.17 2014-06-30 Percent [+]
Producer Prices 102.93 2014-03-15 102.89 102.93 62.78 102.93 2014-04-30 Index Points [+]
Inflation Rate 3.76 2014-03-31 4.23 179.73 2.91 3.80 2014-06-30 Percent [+]
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Mexico Inflation Rate Decelerates in March

Mexican annual consumer prices slowed for the second straight month to 3.76 percent in March of 2014, down from 4.23 percent in February. The inflation is now below the central bank’s 4 percent limit.

A year earlier, the inflation was recorded at 4.25 percent.

Year-on-year, transport prices rose the most (7.9 percent), followed by alcoholic beverages and tobacco (7.12 percent) and cost of restaurants and hotels (5.18 percent). 

From February to March, prices increased 0.27 percent, slightly faster than 0.25 percent in the previous month. 

The core index, which strips out some volatile food and energy prices, rose 0.21 percent during the month.  


Joana Taborda | joana.taborda@tradingeconomics.com
4/9/2014 3:19:13 PM

RECENT RELEASES

Mexico Inflation Rate Slows in February
Mexican consumer prices rose by an annual 4.23 percent in February, down from 4.48 percent in January, as the effects of new taxes eased. A year earlier, the inflation was recorded at 3.55 percent. Published on 2014-03-07

Mexico Annual Inflation Rate Hits 7-month High in January
Mexican consumer prices rose 4.48 percent in the year through January up from 4 percent reported in December. During the month prices increased 0.89 percent. Published on 2014-02-07


Inflation Rate | Notes
The data given on this page shows an annual change in the Consumer Price Index. The CPI measures changes in the price level of consumer goods and services purchased by households. The CPI is calculated by taking price changes for each item in the predetermined basket of goods and services and averaging them. The items weight according to their importance. Depending on the country, the highest weights are usually given to the food, energy, housing, clothing, medical care, transportation and household equipment.


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