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

Consumer prices in Mexico rose 6.63 percent year-on-year in November of 2017, following a 6.37 percent gain in the prior month and slightly above market expectations of 6.3 percent. It was the second straight rise in consumer prices, as cost advanced faster for energy, housing and utilities and food. The central bank expects inflation to stay above the 3-4 percent target in 2017 and to converge to 3 percent by the end of 2018. However, this will highly depend on stability of peso during 2018. Inflation Rate in Mexico averaged 25.19 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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Mexico Inflation Rate Picks Up to 6.6% in November


Consumer prices in Mexico rose 6.63 percent year-on-year in November of 2017, following a 6.37 percent gain in the prior month and slightly above market expectations of 6.3 percent. It was the second straight rise in consumer prices, as cost advanced faster for energy, housing and utilities and food. The central bank expects inflation to stay above the 3-4 percent target in 2017 and to converge to 3 percent by the end of 2018. However, this will highly depend on stability of peso during 2018.

Year-on-year, prices climbed for: energy (17.04 percent vs 16.34 percent in October); housing and utilities (2.68 percent vs 2.65 percent) and food and non-alcoholic beverages (6.84 percent vs 6.73 percent). Meantime, cost increased at the same pace for education (4.74 percent).

On a monthly basis, consumer prices inched up 1.03 percent, after rising 0.63 percent in October and slightly higher than market expectations of 1.01 percent.

The core index, which strips out some volatile food and energy prices went up 0.34 percent during the month and 4.90 percent year-on-year.

INEGI | Luisa Carvalho |
12/7/2017 3:18:32 PM



Calendar GMT Actual Previous Consensus TEForecast
2017-10-09 01:00 PM Inflation Rate YoY 6.35% 6.66% 6.48% 6.5%
2017-11-09 02:00 PM Inflation Rate YoY 6.37% 6.35% 6.34% 6.3%
2017-12-07 02:00 PM Inflation Rate YoY 6.63% 6.37% 6.6% 6.5%
2018-01-09 02:00 PM Inflation Rate YoY 6.63%
2018-02-09 02:00 PM Inflation Rate YoY
2018-03-09 02:00 PM Inflation Rate YoY


Mexico Prices Last Previous Highest Lowest Unit
Inflation Rate 6.63 6.37 179.73 2.13 percent [+]
Inflation Rate Mom 1.03 0.63 15.46 -0.74 percent [+]
Consumer Price Index CPI 130.04 128.72 130.04 0.01 Index Points [+]
Core Consumer Prices 124.68 124.25 124.68 0.11 Index Points [+]
Core Inflation Rate 4.90 4.80 176.90 2.30 percent [+]
GDP Deflator 119.49 142.44 142.44 18.20 Index Points [+]
Producer Prices 119.68 117.78 119.68 60.18 Index Points [+]
Export Prices 107.80 109.98 143.98 32.38 Index Points [+]
Import Prices 225.46 225.24 230.11 42.20 Index Points [+]
CPI Transportation 102.79 102.11 102.79 0.06 Index Points [+]
Food Inflation 7.90 7.60 11.03 0.03 percent [+]


Mexico Inflation Rate

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 December of 2017.

Actual Previous Highest Lowest Dates Unit Frequency
6.63 6.37 179.73 2.13 1974 - 2017 percent Monthly
Dec 2010=100




inflation rate by Country
Country Last
Australia 1.80 Sep/17
Brazil 2.80 Nov/17
Canada 1.40 Oct/17
China 1.70 Nov/17
Euro Area 1.50 Nov/17
France 1.20 Nov/17
Germany 1.80 Nov/17
India 4.88 Nov/17
Indonesia 3.30 Nov/17
Italy 0.90 Nov/17
Japan 0.20 Oct/17
Mexico 6.63 Nov/17
Netherlands 1.50 Nov/17
Russia 2.50 Nov/17
South Korea 1.30 Nov/17
Spain 1.70 Nov/17
Switzerland 0.80 Nov/17
Turkey 12.98 Nov/17
United Kingdom 3.10 Nov/17
United States 2.20 Nov/17