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

The annual inflation rate in Mexico increased to 4.9 percent in August 2018 from 4.8 percent in July and above market expectations of 4.83 percent. It was the highest inflation rate since March, due to an overall rise in prices namely for energy and food. Meanwhile, cost went up slightly less for housing. Inflation Rate in Mexico averaged 24.85 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 Up to 5-Month High of 4.9%


The annual inflation rate in Mexico increased to 4.9 percent in August 2018 from 4.8 percent in July and above market expectations of 4.83 percent. It was the highest inflation rate since March, due to an overall rise in prices namely for energy and food. Meanwhile, cost went up slightly less for housing.

Year-on-year, prices continued to advance for: energy (18.96 percent vs 17.63 percent in July); food, beverages and tobacco (4.55 percent vs 4.51 percent); other services including restaurants, telephone services, medical services and package tourist services (3.81 percent vs 3.61 percent) and education (5.02 percent vs 4.79 percent). On the other hand, inflation eased slightly for housing (2.56 percent vs 2.61 percent).

On a monthly basis, consumer prices went up 0.58 percent, following a 0.54 percent increase in July and exceeding market expectations of a 0.51 percent gain. Main upward pressure came from prices of gasoline (2.73 percent) and agricultural goods such as onion (42.5 percent) and lemons (24.52 percent).

The core index, which strips out some volatile food and energy prices went up 0.25 percent during the month (0.29 percent in July) and was up 3.63 percent on a yearly basis (the same as in July).


INEGI | Luisa Carvalho | luisa.carvalho@tradingeconomics.com
9/7/2018 1:30:08 PM



Calendar GMT Actual Previous Consensus TEForecast
2018-07-09 01:00 PM Inflation Rate YoY 4.65% 4.51% 4.57% 4.6%
2018-08-09 01:00 PM Inflation Rate YoY 4.81% 4.65% 4.8% 4.9%
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 4.9% 4.8%
2018-11-08 02:00 PM Inflation Rate YoY 4.6%
2018-12-07 02:00 PM Inflation Rate YoY 4.3%


Mexico Prices Last Previous Highest Lowest Unit
Inflation Rate 4.90 4.81 179.73 2.13 percent [+]
Inflation Rate Mom 0.58 0.54 15.46 -0.74 percent [+]
Consumer Price Index CPI 100.49 99.91 100.49 0.01 Index Points [+]
Core Consumer Prices 100.22 99.97 100.22 0.09 Index Points [+]
Core Inflation Rate 3.63 3.63 176.90 2.30 percent [+]
GDP Deflator 126.03 125.19 126.03 15.01 Index Points [+]
Producer Prices 125.26 125.79 126.71 60.18 Index Points [+]
Export Prices 113.96 110.72 143.98 32.38 Index Points [+]
Import Prices 232.92 232.84 232.92 42.20 Index Points [+]
Inflation Expectations 3.73 3.80 17.21 3.19 Percent [+]
CPI Transportation 104.83 104.66 104.83 0.06 Index Points [+]
Food Inflation 3.06 3.24 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 September of 2018.

Actual Previous Highest Lowest Dates Unit Frequency
4.90 4.81 179.73 2.13 1974 - 2018 percent Monthly
2018=100




inflation rate by Country
Country Last
Argentina 34.40 Aug/18
Australia 2.10 Jun/18
Brazil 4.19 Aug/18
Canada 3.00 Jul/18
China 2.30 Aug/18
Euro Area 2.00 Aug/18
France 2.30 Aug/18
Germany 2.00 Aug/18
India 3.69 Aug/18
Indonesia 3.20 Aug/18
Italy 1.60 Aug/18
Japan 0.90 Jul/18
Mexico 4.90 Aug/18
Netherlands 2.30 Aug/18
Russia 3.10 Aug/18
Saudi Arabia 2.20 Jul/18
Singapore 0.60 Jul/18
South Africa 5.10 Jul/18
South Korea 1.40 Aug/18
Spain 2.20 Aug/18
Switzerland 1.20 Aug/18
Turkey 17.90 Aug/18
United Kingdom 2.50 Jul/18
United States 2.70 Aug/18


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