Cost of food in Mexico increased 7.60 percent in May of 2020 over the same month in the previous year.

Food Inflation in Mexico averaged 5.64 percent from 2003 until 2020, reaching an all time high of 11.03 percent in September of 2012 and a record low of 0.03 percent in November of 2005. This page provides - Mexico Food Inflation - actual values, historical data, forecast, chart, statistics, economic calendar and news. Mexico Food Inflation - values, historical data and charts - was last updated on July of 2020. source: Instituto Nacional de Estadística y Geografía (INEGI)

Food Inflation in Mexico is expected to be 7.40 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Food Inflation in Mexico to stand at 6.00 in 12 months time. In the long-term, the Mexico Food Inflation is projected to trend around 3.50 percent in 2021 and 3.20 percent in 2022, according to our econometric models.

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Mexico Food Inflation

Actual Previous Highest Lowest Dates Unit Frequency
7.60 6.71 11.03 0.03 2003 - 2020 percent Monthly
2018=100

Mexico Prices Last Previous Highest Lowest Unit
Inflation Rate 2.84 2.15 179.73 2.13 percent [+]
Inflation Rate Mom 0.38 -1.01 15.46 -1.01 percent [+]
Consumer Price Index CPI 106.16 105.76 106.89 0.01 points [+]
Core Consumer Prices 106.97 106.65 106.97 0.09 points [+]
Core Inflation Rate 3.60 3.50 176.90 2.30 percent [+]
GDP Deflator 135.35 130.95 135.35 15.01 points [+]
Producer Prices 104.14 104.67 104.67 48.57 points [+]
Export Prices 98.85 96.58 143.98 32.38 points [+]
Import Prices 228.80 228.13 234.79 42.20 points [+]
Producer Prices Change 4.80 5.40 9.81 0.60 percent [+]
Inflation Expectations 3.47 3.63 17.21 3.19 Percent [+]
Cpi Housing Utilities 103.74 105.61 106.78 58.21 points [+]
CPI Transportation 98.18 95.00 105.61 0.06 points [+]
Food Inflation 7.60 6.71 11.03 0.03 percent [+]