Inflation Rate in Mexico decreased to 3.57 percent in October from 3.76 percent in September of 2025. This dataset provides - Mexico Inflation Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news.

In 2024, the annual end-of-period inflation rate of Mexico stood at 4.21 percent. Between 1981 and 2024, the figure dropped by 23.2 percentage points, though the decline followed an uneven course rather than a steady trajectory. The rate is forecast to decline by 1.21 percentage points from 2024 to 2030, fluctuating as it trends downward.The International Monetary Fund describes this indicator as a measure of inflation based upon the year-on-year percent change in the end-of-period consumer price index (CPI). The said index measure is based upon the cost of a typical basket of goods and services at the end of a given time period.

Core consumer prices in Mexico increased 4.28 percent in October of 2025 over the same month in the previous year. This dataset provides - Mexico Core Inflation Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news.

Monthly and long-term Mexico Inflation data: historical series and analyst forecasts curated by FocusEconomics.

The statistic depicts the average inflation rate in Mexico from 1987 to 2024, with projections up until 2030. The inflation rate measures price changes for a fixed basket of goods which includes a representative selection of goods and services. In 2024, Mexico's average inflation rate was around 4.72 percent compared to the previous year. Mexico’s economy Mexico’s gross domestic product (GDP) has been increasing slightly over the last decade, however, its national debt still amounts to almost half of its GDP. The majority of Mexico’s GDP is yielded by the services sector, as a look at the distribution of gross domestic product in Mexico by sector shows. More than 60 percent of GDP are generated in this sector; the majority of the Mexican workforce is employed in services. One important contributor to Mexico’s GDP is tourism. The total unemployment rate in Mexico took a turn for the worse during the recession of 2008 and is still to bounce back to previous levels. Mexico’s main export and import partner is the United States which accounts for approximately half of the value of both. Thus, the trade balance of goods in Mexico, showing the value of exports minus the value of imports, is heavily dependant on the United States. For the past decade, Mexico’s trade balance has run at a deficit of more than 10 billion US dollars. The trade balance of services sector in Mexico has also been in the red with a deficit of more than 6 percent since the recession and higher than 9 percent since 2011. Mexico is also one of the largest drug exporting countries worldwide. Specific trade figures are not available, however, Mexico is among the top countries for opium cultivation based on acreage, and thousands of illegal poppy fields, processed into opium, have been destroyed in Mexico year after year.

Graph and download economic data for Inflation, consumer prices for Mexico (FPCPITOTLZGMEX) from 1960 to 2024 about Mexico, consumer, CPI, inflation, price index, indexes, and price.

The Consumer Price Index gauges the price changes in a basket of goods and services representative of Mexican households' consumption. As of August 2024, the CPI had increased **** percentage points compared to the same month of the previous year. Despite some fluctuations, the monthly inflation rate in the country has been experiencing an overall downward trend since August 2022. Different forms of measuring inflation The National Institute of Statistics, Geography, and Informatics (INEGI) measures price variations considering a total of 299 goods and services that encompass the most representative goods in rural and urban areas of the country. From the second half of June 2018 to May 2024, the accumulated CPI was around ****** points, representing price increases of over ** percent in almost six years. Nonetheless, not all categories of goods and services increased at the same rate, as of June 2024, food and non-alcoholic beverages recorded the highest CPI with *** points, followed by restaurants and hotels. Consumer’s perception Consumers in Mexico had experienced rising prices differently, for example, people older than 55 years old had a higher perceived level of inflation in groceries than any other age group. Groceries were the second category with the highest perceived inflation, only behind restaurants, with almost ** percent of Mexicans reporting high increases. As well as different perceptions, consumers decide to take varying alternatives to cope with the increases, the most common were paying more attention to prices, changing brands of certain products, or reducing consumption.

The Consumer Price Index in Mexico increased 0.36 percent in October of 2025 over the previous month. This dataset provides - Mexico Inflation Rate MoM - actual values, historical data, forecast, chart, statistics, economic calendar and news.

View yearly updates and historical trends for Mexico Inflation Rate Outlook, Average Consumer Prices. Source: International Monetary Fund. Track economic …

Bank of Mexico: Inflation Target data was reported at 3.000 % in 2020. This stayed constant from the previous number of 3.000 % for 2019. Bank of Mexico: Inflation Target data is updated yearly, averaging 3.000 % from Dec 2003 (Median) to 2020, with 18 observations. The data reached an all-time high of 3.000 % in 2020 and a record low of 3.000 % in 2020. Bank of Mexico: Inflation Target data remains active status in CEIC and is reported by Bank of Mexico. The data is categorized under Global Database’s Mexico – Table MX.I001: Consumer Price Index: Inflation Target.

Monthly dataset of the Mexico Inflation Rate, including historical data, latest releases, and long-term trends from 1974-01-31 to 2025-10-31. Available for free download in CSV format.

Mexico's food inflation rate saw an increase of 4.86 percent in May 2025 compared to the same month the previous year. This uptick in food prices continues to impact Mexican households, with the food sector consistently ranking among the categories with the highest inflation rates in the country. The volatility in food prices highlights the ongoing challenges in maintaining stable costs for essential goods in Mexico's economy. Consumer price index trends The Consumer Price Index (CPI) for food in Mexico reached 159.12 in November 2024, up from 150.08 in the same month of the previous year. This increase aligns with the overall inflation trend, as the National Consumer Price Index stood at 136 index points in July 2024. Notably, the food, beverages, and tobacco category had the highest CPI, underscoring the significant impact of food prices on overall inflation. Cereal and cereal product trends Within the food category, different items experienced varying levels of inflation. In November 2024, cereals and cereal based products saw a three percent increase compared to the previous year, while rice prices grew by 8.33 percent. Interestingly, corn tortillas, a staple in Mexican cuisine, experienced a more modest inflation rate of one percent.

Historical dataset showing Mexico inflation rate by year from 1960 to 2024.

Mexico MX: Inflation:(GDP) Gross Domestic ProductDeflator data was reported at 6.133 % in 2017. This records an increase from the previous number of 5.379 % for 2016. Mexico MX: Inflation:(GDP) Gross Domestic ProductDeflator data is updated yearly, averaging 7.962 % from Dec 1961 (Median) to 2017, with 57 observations. The data reached an all-time high of 142.836 % in 1987 and a record low of 1.023 % in 1968. Mexico MX: Inflation:(GDP) Gross Domestic ProductDeflator data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s Mexico – Table MX.World Bank.WDI: Inflation. Inflation as measured by the annual growth rate of the GDP implicit deflator shows the rate of price change in the economy as a whole. The GDP implicit deflator is the ratio of GDP in current local currency to GDP in constant local currency.; ; World Bank national accounts data, and OECD National Accounts data files.; Median;

Cost of food in Mexico increased 2.64 percent in October of 2025 over the same month in the previous year. This dataset provides - Mexico Food Inflation - actual values, historical data, forecast, chart, statistics, economic calendar and news.

Core Inflation Rate MoM in Mexico decreased to 0.29 percent in October from 0.33 percent in September of 2025. This dataset includes a chart with historical data for Mexico Core Inflation Rate MoM.

Inflation, monthly percent change in the CPI in Mexico, October, 2025 The most recent value is 0.36 percent as of October 2025, an increase compared to the previous value of 0.23 percent. Historically, the average for Mexico from February 1960 to October 2025 is 1.25 percent. The minimum of -1.74 percent was recorded in February 1964, while the maximum of 15.46 percent was reached in January 1988. | TheGlobalEconomy.com

Mexico: Inflation: percent change in the Consumer Price Index: The latest value from 2024 is 4.7 percent, a decline from 5.5 percent in 2023. In comparison, the world average is 6.0 percent, based on data from 155 countries. Historically, the average for Mexico from 1960 to 2024 is 18.3 percent. The minimum value, 0.6 percent, was reached in 1963 while the maximum of 131.8 percent was recorded in 1987.

The Consumer Price Index (CPI) of the services sector in Mexico stood at ****** points in May 2025, when compared with the prices of the second half of July 2018, indicating that the cost of services had increased by ***** percent in seven years. The services sector ranked among the categories with the highest inflation rate in Mexico.

Inflation Expectations in Mexico increased to 3.90 percent in October from 3.81 percent in September of 2025. This dataset provides - Mexico Inflation Expectations- actual values, historical data, forecast, chart, statistics, economic calendar and news.