Mexico Inflation Rate Picks Up for 2nd Month

2025-10-09 12:15 By Luisa Carvalho 1 min. read

Annual inflation in Mexico quickened for the second month to 3.76% in September 2025 from 3.57% in August, though staying comfortably within the central bank’s 2%–4% target.

Analysts had expected a slightly higher rate of 3.79%.

Upward pressure came from several categories, including restaurants & hotels (7.61% vs 7.62% in August); miscellaneous goods & services (6.06% vs 5.68%); education (5.81% vs 5.34%); alcoholic beverages & tobacco (4.39% vs 4.06%); recreation & culture (4% vs 3.16%) and food & non-alcoholic beverages (3.94% vs 3.10%).

Meanwhile, the core inflation rate inched up to 4.28%, the highest since April 2024, from 4.23% in August.

On a monthly basis, consumer prices increased by 0.23%, after a 0.06% rise in August and compared to market estimates of a 0.27% advance.

Prices accelerated primarily for education (3.29% vs 0.99%), due to higher tuition fees at the start of the new school year.



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