The annual inflation rate in Mexico eased to 4.9 percent in October 2018 from 5.02 percent in September, as widely expected. Prices rose less mainly for energy and housing. Inflation Rate in Mexico averaged 24.78 percent from 1974 until 2018, 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 Ticks Down to 4.9% in October


The annual inflation rate in Mexico eased to 4.9 percent in October 2018 from 5.02 percent in September, as widely expected. Prices rose less mainly for energy and housing.

Year-on-year, inflation softened for energy (17.10 percent vs 19.20 percent in September) and housing (2.59 percent vs 2.62 percent). Also, cost increased at the same pace for education (4.69 percent). On the other hand, prices advanced faster for food, beverages & tobacco (4.84 percent vs 4.80 percent) and other services including restaurants, telephone services, medical services and package tourist services (4.30 percent vs 4.09 percent).

On a monthly basis, consumer prices inched up 0.52 percent, compared to a 0.42 percent rise in September and market consensus of a 0.51 percent gain. Main upward pressure stemmed from prices of electricity (17.82 percent vs -0.67 percent in September), agricultural goods such as tomatoes (10.12 percent vs 4.26 percent), professional services (13.24 percent vs -17.10 percent) and air fares (12.88 percent vs -4.89 percent). Meanwhile, cost advanced less for gasoline (0.90 percent vs 1.47 percent) and domestic gas (0.90 percent vs 5.30 percent).

The core index, which strips out some volatile food and energy prices increased by 0.31 percent during the month (0.32 percent in September) and went up by 3.73 percent on a yearly basis (3.67 percent in September).


INEGI | Luisa Carvalho | luisa.carvalho@tradingeconomics.com
11/8/2018 2:46:04 PM



Calendar GMT Actual Previous Consensus TEForecast
2018-09-07 01:00 PM Inflation Rate YoY 4.9% 4.81% 4.83% 4.8%
2018-10-09 01:00 PM Inflation Rate YoY 5.02% 4.9% 5.01% 5.0%
2018-11-08 02:00 PM Inflation Rate YoY 4.9% 5.02% 4.9% 4.9%
2018-12-07 02:00 PM Inflation Rate YoY 4.9% 4.8%


Mexico Prices Last Previous Highest Lowest Unit
Inflation Rate 4.90 5.02 179.73 2.13 percent [+]
Inflation Rate Mom 0.52 0.42 15.46 -0.74 percent [+]
Consumer Price Index CPI 101.44 100.92 101.44 0.01 Index Points [+]
Core Consumer Prices 100.86 100.55 100.86 0.09 Index Points [+]
Core Inflation Rate 3.73 3.67 176.90 2.30 percent [+]
GDP Deflator 126.03 125.19 126.03 15.01 Index Points [+]
Producer Prices 128.55 128.07 128.55 61.28 Index Points [+]
Export Prices 115.40 114.53 143.98 32.38 Index Points [+]
Import Prices 234.29 233.72 234.29 42.20 Index Points [+]
Producer Prices Change 6.26 6.86 9.81 0.92 percent [+]
Inflation Expectations 3.80 3.70 17.21 3.19 Percent [+]
Cpi Housing Utilities 102.52 100.95 102.52 58.21 Index Points [+]
CPI Transportation 102.38 101.51 102.38 0.06 Index Points [+]
Food Inflation 3.84 3.11 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 November of 2018.

Actual Previous Highest Lowest Dates Unit Frequency
4.90 5.02 179.73 2.13 1974 - 2018 percent Monthly
2018=100




Country Last
Argentina 40.30 Sep/18
Australia 1.90 Sep/18
Brazil 4.56 Oct/18
Canada 2.20 Sep/18
China 2.50 Oct/18
Euro Area 2.20 Oct/18
France 2.20 Oct/18
Germany 2.50 Oct/18
India 3.31 Oct/18
Indonesia 3.16 Oct/18
Italy 1.60 Oct/18
Japan 1.20 Sep/18
Mexico 4.90 Oct/18
Netherlands 2.10 Oct/18
Russia 3.50 Oct/18
Saudi Arabia 2.10 Sep/18
Singapore 0.70 Sep/18
South Africa 4.90 Sep/18
South Korea 2.00 Oct/18
Spain 2.30 Oct/18
Switzerland 1.10 Oct/18
Turkey 25.24 Oct/18
United Kingdom 2.40 Oct/18
United States 2.50 Oct/18


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