The annual core inflation rate in Mexico was little changed at 4.23% in July 2025 compared to 4.24% in June, and matching market expectations. Core Inflation Rate in Mexico averaged 21.21 percent from 1983 until 2025, reaching an all time high of 176.90 percent in February of 1988 and a record low of 2.30 percent in August of 2015. source: Instituto Nacional de Estadística y Geografía (INEGI)

Core Inflation Rate in Mexico is expected to be 4.00 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the Mexico Core Inflation Rate is projected to trend around 3.30 percent in 2026 and 3.20 percent in 2027, according to our econometric models.



Calendar GMT Reference Actual Previous Consensus TEForecast
2025-07-09 12:00 PM
Core Inflation Rate YoY
Jun 4.24% 4.06% 4.22% 4.2%
2025-08-07 12:00 PM
Core Inflation Rate YoY
Jul 4.23% 4.24% 4.23% 4.2%
2025-09-09 12:00 PM
Core Inflation Rate YoY
Aug 4.23% 4.2%


Related Last Previous Unit Reference
Consumer Price Index CPI 140.78 140.41 points Jul 2025
Core Consumer Prices 140.45 140.03 points Jul 2025
Core Inflation Rate YoY 4.23 4.24 percent Jul 2025
CPI Housing Utilities 122.80 122.47 points Jul 2025
CPI Transportation 132.07 131.71 points Jul 2025
Food Inflation 2.55 4.49 percent Jul 2025
GDP Deflator 139.14 139.04 points Jun 2025
Inflation Rate YoY 3.51 4.32 percent Jul 2025
Inflation Rate MoM 0.27 0.28 percent Jul 2025
Producer Prices 131.81 132.44 points Jul 2025
Producer Prices Change 3.77 4.89 percent Jul 2025

Mexico Core Inflation Rate
In Mexico, the core inflation rate tracks changes in prices that consumers pay for a basket of goods which excludes some volatile price items.
Actual Previous Highest Lowest Dates Unit Frequency
4.23 4.24 176.90 2.30 1983 - 2025 percent Monthly