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

Consumer prices in Mexico increased 2.54 percent year-on-year in April of 2016, slightly down from a 2.6 percent rise in the previous month and compared to markets expectations of 2.6 percent. The inflation rate has been running below the central bank's 3 percent target since May last year. The central bank expects it to remain below target in coming months but to move temporarily above it by the end of the year. Inflation Rate in Mexico averaged 25.96 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
2.54 2.60 179.73 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 May of 2016.


Calendar GMT Reference Actual Previous Consensus Forecast (i)
2016-03-09 02:00 PM Feb 2.87% 2.61% 2.94% 2.8%
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 2.54% 2.51%
2016-07-07 01:00 PM Jun 2.48%
2016-08-09 01:00 PM Jul 2.46%

Mexico Inflation Rate Slows in April


Consumer prices in Mexico increased 2.54 percent year-on-year in April of 2016, slightly down from a 2.6 percent rise in the previous month and compared to markets expectations of 2.6 percent.

Year-on-year cost of goods increased 3.37 percent (+3.23 percent in March), as food, drinks and tobacco rose 3.37 percent (+3.2 percent in March) and non-food products went up by 3.36 percent (+3.25 percent in March). Services recorded a 2.37 percent increase (the same as in March) as costs in education grew 4.12 percent (+4.13 in March), housing prices were 2.17 percent higher (+2.16 percent in March) and  prices of other services increased by 2.06 percent (the same as in March).

On a monthly basis, prices fell by 0.32 percent, following a 0.15 percent increase in the previous month. 

The inflation rate has been running below the central bank's 3 percent target since May last year. The central bank expects it to remain below target in coming months but to move temporarily above it by the end of the year. 

INEGI | Francisco Caeiro | francisco.caeiro@tradingeconomics.com
5/10/2016 9:59:09 AM

Mexico Prices Last Previous Highest Lowest Unit
Inflation Rate 2.54 2.60 179.73 2.13 percent [+]
Inflation Rate Mom -0.32 0.15 15.46 -0.74 percent [+]
Consumer Price Index CPI 119.30 119.68 119.68 0.01 Index Points [+]
Core Consumer Prices 116.73 116.47 116.73 0.11 Index Points [+]
Core Inflation Rate 2.83 2.77 176.90 2.30 percent [+]
GDP Deflator 131.05 128.81 131.05 18.93 Index Points [+]
Producer Prices 106.23 105.87 106.23 60.18 Index Points [+]
Export Prices 98.27 94.24 143.98 32.38 Index Points [+]
Import Prices 217.00 216.85 230.11 42.20 Index Points [+]
Food Inflation 4.08 4.79 11.03 0.03 percent [+]
Cpi Transportation 96.55 98.01 102.79 0.06 Index Points [+]




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