Mexico's annual inflation rate picked up to 4.65% in April 2024, from 4.42% in the previous month, and largely matching market forecasts of 4.63%. Main upward pressure stemmed from prices of food & non-alcoholic beverages (5.78% vs 4.96% in March); alcoholic beverages & tobacco (4.95% vs 4.78%), and housing & utilities (3.76% vs 3.35%). The annual core inflation rate eased for the 15th straight month to 4.37% in April, the lowest since May 2021, down from 4.55% in the prior period. Monthly, the CPI rose by 0.2% in April, down from a 0.29% increase in the last month and in line with the market's anticipated 0.19% rise. source: Instituto Nacional de Estadística y Geografía (INEGI)
Inflation Rate in Mexico increased to 4.65 percent in April from 4.42 percent in March of 2024. Inflation Rate in Mexico averaged 22.64 percent from 1974 until 2024, 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. This page provides - Mexico Inflation Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news. Mexico Inflation Rate - data, historical chart, forecasts and calendar of releases - was last updated on May of 2024.
Inflation Rate in Mexico increased to 4.65 percent in April from 4.42 percent in March of 2024. Inflation Rate in Mexico is expected to be 4.20 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the Mexico Inflation Rate is projected to trend around 3.00 percent in 2025, according to our econometric models.