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

Consumer prices in Mexico jumped 4.72 percent year-on year in January of 2017, following a 3.36 percent rise in December and above market expectations of 4.7 percent. The inflation rate accelerated for the seventh straight month, reaching the highest since September of 2012, mainly due to rising energy cost after the government hiked gasoline prices by near 20 percent in the beginning of the year. Inflation Rate in Mexico averaged 25.56 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)
2016-12-08 02:00 PM Nov 3.31% 3.06% 3.32% 3.2%
2017-01-09 02:00 PM Dec 3.36% 3.31% 3.4% 3.51%
2017-02-09 02:00 PM Jan 4.72% 3.36% 4.7% 4.1%
2017-03-09 02:00 PM Feb 4.72% 4.1%
2017-04-07 01:00 PM Mar 4.1%
2017-05-09 01:00 PM Apr 4.05%




Mexico Inflation Rate At 4-1/2-Year High Of 4.72%


Consumer prices in Mexico jumped 4.72 percent year-on year in January of 2017, following a 3.36 percent rise in December and above market expectations of 4.7 percent. The inflation rate accelerated for the seventh straight month, reaching the highest since September of 2012, mainly due to rising energy cost after the government hiked gasoline prices by near 20 percent in the beginning of the year.

Prices rose faster for energy (16.31 percent from 2.42 percent in December); food, beverages and tobacco (5.27 percent from 4.42 percent); housing (2.46 percent from 2.41 percent) and education (4.29 percent from 4.26 percent). 

The core index which strips out some volatile food and energy prices went up 3.84 percent, following a 3.44 percent rise in December. 

On a monthly basis, consumer prices rose 1.7 percent, the most since January of 1999, and the core index increased 0.58 percent.

INEGI | Luisa Carvalho | luisa.carvalho@tradingeconomics.com
2/9/2017 7:24:30 PM



Mexico Prices Last Previous Highest Lowest Unit
Inflation Rate 4.72 3.36 179.73 2.13 percent [+]
Inflation Rate Mom 1.70 0.46 15.46 -0.74 percent [+]
Consumer Price Index CPI 124.60 122.52 124.60 0.01 Index Points [+]
Core Consumer Prices 120.08 119.39 120.08 0.11 Index Points [+]
Core Inflation Rate 3.84 3.44 176.90 2.30 percent [+]
GDP Deflator 138.09 136.02 138.09 18.93 Index Points [+]
Producer Prices 117.15 114.55 117.15 60.18 Index Points [+]
Export Prices 98.82 98.10 143.98 32.38 Index Points [+]
Import Prices 220.77 219.68 230.11 42.20 Index Points [+]
Cpi Transportation 98.33 98.09 102.79 0.06 Index Points [+]
Food Inflation 3.24 4.53 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 February of 2017.

Actual Previous Highest Lowest Dates Unit Frequency
4.72 3.36 179.73 2.13 1974 - 2017 percent Monthly
Dec 2010=100



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