Inflation Rate in Mexico increased to 3.57 percent in August from 3.51 percent in July of 2025. This dataset provides - Mexico Inflation Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news.

In 2024, the average inflation rate in Mexico stood at approximately 4.72 percent. Between 1980 and 2024, the figure dropped by around 21.75 percentage points, though the decline followed an uneven course rather than a steady trajectory. The inflation is forecast to decline by about 1.72 percentage points from 2024 to 2030, fluctuating as it trends downward.This indicator measures inflation based upon the year-on-year change in the average consumer price index, expressed in percent. The latter expresses a country's average level of prices based on a typical basket of consumer goods and services.

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.

Core consumer prices in Mexico increased 4.23 percent in August 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.

In 2024, the annual end-of-period inflation rate of Mexico stood at approximately 4.21 percent. Between 1981 and 2024, the figure dropped by around 23.20 percentage points, though the decline followed an uneven course rather than a steady trajectory. The rate is forecast to decline by about 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.

The Consumer Price Index in Mexico increased 0.27 percent in July of 2025 over the previous month. This dataset provides - Mexico Inflation Rate MoM - actual values, historical data, forecast, chart, statistics, economic calendar and news.

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.

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

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.

Mid-month Inflation Rate YoY in Mexico decreased to 3.49 percent in August from 3.55 percent in July of 2025. This dataset includes a chart with historical data for Mexico Mid-month Inflation Rate YoY.

The National Consumer Price Index gauges the price changes in a basket of goods and services representative of Mexican households' consumption. In May 2024, the inflation rate of Mexico compared to the same month of the previous year reached 4.69 percentage points. The expenditure category that experienced the largest year-on-year increase in prices was for other services, whose CPI grew 6.83 percent. Health and personal care ranked second, with an inflation rate of 5.15 percent.

Inflation rate of Mexico slumped by 14.58% from 5.5 % in 2023 to 4.7 % in 2024. Since the 38.79% surge in 2022, inflation rate sank by 40.20% in 2024. Inflation as measured by the consumer price index reflects the annual percentage change in the cost to the average consumer of acquiring a basket of goods and services that may be fixed or changed at specified intervals, such as yearly. The Laspeyres formula is generally used.

Taux d'inflation de base MoM au Mexique a diminué à 0,22 pour cent en août contre 0,31 pour cent en juillet 2025. Cette dataset comprend un graphique avec des données historiques pour le taux d'inflation de base Mexique MoM.

The latest inflation rate, i.e. the percent change in the CPI from a year ago to now, in Mexico was 3.57 percent. That number was released in . It shows an increase from the inflation rate in the previous month when it stood at 3.51 percent. Compared to a year ago, we see a decrease from the inflation...

Inflation Expectations in Mexico increased to 3.72 percent in August from 3.61 percent in July of 2025. This dataset provides - Mexico Inflation Expectations- actual values, historical data, forecast, chart, statistics, economic calendar and news.

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;

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.

Mid-month Core Inflation Rate YoY in Mexico decreased to 4.21 percent in August from 4.25 percent in July of 2025. This dataset includes a chart with historical data for Mexico Mid-month Core Inflation Rate YoY.

In May 2025, the Consumer Price Index (CPI) for food in Mexico reached 162.58. In the same month of the previous year, the value was of 155.04. The food inflation rate that month was of around four percent, and in July 2024, food was the category with the highest inflation rate in Mexico.