Mexico Inflation Rate 1974-2018 | Data | Chart | Calendar | Forecast

The consumer price index in Mexico increased 6.77 percent year-on-year in December of 2017, after a 6.63 percent gain in the previous month and slightly above market consensus of 6.75 percent. It was the third consecutive rise in consumer prices and the sharpest since May 2001. Prices were higher for energy and food. The central bank expects inflation to converge to 3 percent by the end of 2018. Inflation Rate in Mexico averaged 25.15 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 at 16-1/2-Year High in December


The consumer price index in Mexico increased 6.77 percent year-on-year in December of 2017, after a 6.63 percent gain in the previous month and slightly above market consensus of 6.75 percent. It was the third consecutive rise in consumer prices and the sharpest since May 2001. Prices were higher for energy and food. The central bank expects inflation to converge to 3 percent by the end of 2018.

Year-on-year, prices remained high for: energy (17.69 percent from 17.04 percent in November) and food, beverages and tobacco (6.82 percent from 6.84 percent). On the other hand, cost slowed slightly for housing and utilities (2.65 percent from 2.68 percent) while increased at the same pace for education (4.74 percent).

On a monthly basis, consumer prices went up 0.59 percent, slowing from a 1.03 percent gain in November but above market expectations of a 0.18 percent increase.

The core index, which strips out some volatile food and energy prices went up 0.42 percent during the month (0.34 percent in November) and 4.87 percent year-on-year (4.90 percent in November).


INEGI | Luisa Carvalho |
1/9/2018 2:42:46 PM



Calendar GMT Actual Previous Consensus TEForecast
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 6.77% 6.63% 6.75% 6.70%
2018-02-08 02:00 PM Inflation Rate YoY 6.77% 5.70%
2018-03-08 02:00 PM Inflation Rate YoY 6.90%
2018-04-09 01:00 PM Inflation Rate YoY 7%


Mexico Prices Last Previous Highest Lowest Unit
Inflation Rate 6.77 6.63 179.73 2.13 percent [+]
Inflation Rate Mom 0.59 1.03 15.46 -0.74 percent [+]
Consumer Price Index CPI 130.81 130.04 130.81 0.01 Index Points [+]
Core Consumer Prices 125.20 124.68 125.20 0.11 Index Points [+]
Core Inflation Rate 4.90 4.90 176.90 2.30 percent [+]
GDP Deflator 119.49 142.44 142.44 18.20 Index Points [+]
Producer Prices 120.19 119.68 120.19 60.18 Index Points [+]
Export Prices 108.77 107.80 143.98 32.38 Index Points [+]
Import Prices 225.74 225.46 230.11 42.20 Index Points [+]
CPI Transportation 104.25 102.79 104.25 0.06 Index Points [+]
Food Inflation 8.30 7.90 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 January of 2018.

Actual Previous Highest Lowest Dates Unit Frequency
6.77 6.63 179.73 2.13 1974 - 2017 percent Monthly
Dec 2010=100




inflation rate by Country
Country Last
Australia 1.80 Sep/17
Brazil 2.95 Dec/17
Canada 2.10 Nov/17
China 1.80 Dec/17
Euro Area 1.40 Dec/17
France 1.20 Dec/17
Germany 1.70 Dec/17
India 5.21 Dec/17
Indonesia 3.61 Dec/17
Italy 0.90 Dec/17
Japan 1.00 Dec/17
Mexico 6.77 Dec/17
Netherlands 1.30 Dec/17
Russia 2.50 Dec/17
South Korea 1.50 Dec/17
Spain 1.10 Dec/17
Switzerland 0.80 Dec/17
Turkey 11.92 Dec/17
United Kingdom 3.00 Dec/17
United States 2.10 Dec/17


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