Mexico Inflation Rate1974-2020 Data | 2021-2022 Forecast | Calendar | Historical

The annual inflation rate in Mexico fell to 3.33 percent in November of 2020 from 4.09 percent in the prior month and below market expectations of 3.42 percent. It was the lowest inflation rate since June, amid a slowdown in prices of food & non-alcoholic beverages (7.07% vs 8.09% in October); housing & utilities (3.14% vs 3.29%); furnishings (4.43% vs 5.56%); recreation & culture (1.48% vs 2.11%) and miscellaneous goods & services (3.59% vs 3.85%). In addition, costs continued to decrease for transport (-2.17% vs -0.16%); clothing & footwear (-1.38% vs 0.63%) and communications (-0.39% vs -0.51%). On a monthly basis, consumer prices were up 0.08 percent, decelerating sharply from a 0.61 percent increase in the previous month. The core index, which strips out some volatile food and energy prices dropped 0.08 percent, following a 0.24 percent increase in October and compared with market expectations of a 0.05 percent fall.

The annual inflation rate in Mexico rose to 4.09 percent in October 2020 from 4.01 percent in the previous month and slightly above market expectations of 4.07 percent. It was the highest inflation rate since May last year, as prices increase further for food & non-alcoholic beverages (8.09% vs 7.55% in September); and furnishings (5.56% vs 5.14%). Also, cost of communication fell less (-0.51% vs -0.65%). In contrast, prices slowed for housing & utilities (3.29% vs 3.36%); miscellaneous goods & services (3.85% vs 4.04%); restaurants & hotels (3.94% vs 4.12%); recreation & culture (2.11% vs 2.34%) and health (4.65% vs 4.75%). Additionally, cost of transport dropped (-0.16% vs 0.06%) while inflation was steady for clothing & footwear (at 0.63%). On a monthly basis, consumer prices went up 0.61 percent, after a 0.23 percent gain in the prior month. The core index, which strips out some volatile food and energy prices advanced 0.24 percent, easing from a 0.32 percent increase in September.

The annual inflation rate in Mexico fell slightly to 4.01 percent in September 2020 from 4.05 percent in the previous month and compared with market expectations of 4.07 percent. Prices slowed for housing & utilities (3.36% vs 3.53%); miscellaneous goods & services (4.04% vs 4.15% in August); transport (0.06% vs 0.25%); restaurants & hotels (4.12% vs 4.2%); and recreation & culture (2.34% vs 2.19%). Meanwhile, cost rose further for food & non-alcoholic beverages (7.55% vs 7.45%); furnishings (5.14% vs 4.86%); health (4.75% vs 4.52%); and clothing & footwear (0.63% vs 0.29%). Additionally, cost of communication dropped at a softer pace (-0.65% vs -1.56%). On a monthly basis, consumer prices went up 0.23 percent, easing from a 0.39 percent gain in the prior month and below forecasts of a 0.29 percent increase. The core index, which strips out some volatile food and energy prices advanced 0.32 percent, the same as in August.

The annual inflation rate in Mexico increased to 4.05 percent in August 2020 from 3.62 percent in the previous month and compared with market expectations of 4.02 percent. It was the highest inflation rate since May last year, as prices rose further for food & non-alcoholic beverages (7.45% vs 6.21% in July); housing & utilities (3.53% vs 3.23%); miscellaneous goods & services (4.15% vs 3.9%); furnishings (4.86% vs 4.55%); restaurants & hotels (4.2% vs 4.13%); and recreation & culture (2.19% vs 1.34%). Also, cost of transport rebounded (0.25% vs -0.18%) while price of communication fell less (-1.56% vs -1.81%). In contrast, prices slowed for health (4.52% vs 4.79%); and clothing & footwear (0.29% vs 0.44%). On a monthly basis, consumer prices advanced 0.39 percent, easing from a 0.66 percent gain in the prior month and matching forecasts. The core index, which strips out some volatile food and energy prices went up 0.32 percent, after rising 0.4 percent in July.