Makrognosis

Mexico GDP implicit price deflator (MX.GDP.Q.NOM / MX.GDP.Q.REAL x 100; INEGI PIBT, NSA, 2018=100)

QuarterlyNot seasonally adjustedCode MX.GDPDEFL.Q.NSA

Latest (y/y)4.2%Q2 2026
Previous (y/y)3.2%Q1 2026
Level143.6Q2 2026

Mexico GDP implicit price deflator (MX.GDP.Q.NOM / MX.GDP.Q.REAL x 100; INEGI PIBT, NSA, 2018=100) was up 4.2% year on year in Q2 2026, compared with 3.2% in Q1 2026.

The level stood at 143.6 (index (real-series reference year = 100)).

That is the highest reading since Q2 2025.

Over the past ten years it has ranged from 2.7% (Q4 2025) to 8.5% (Q1 2017), averaging 5.1%.

Mexico GDP implicit price deflator (MX.GDP.Q.NOM / MX.GDP.Q.REAL x 100; INEGI PIBT, NSA, 2018=100), annual % change, Q1 1997 – Q2 20260%5%10%15%20%200020052010201520202025Robomacro
Mexico GDP implicit price deflator (MX.GDP.Q.NOM / MX.GDP.Q.REAL x 100; INEGI PIBT, NSA, 2018=100), annual % change, Q1 1997 – Q2 2026. Source: Makrognosis (computed from agency-direct inputs).
Mexico GDP implicit price deflator (MX.GDP.Q.NOM / MX.GDP.Q.REAL x 100; INEGI PIBT, NSA, 2018=100), level (index (real-series reference year = 100))050100150200020052010201520202025Robomacro
Mexico GDP implicit price deflator (MX.GDP.Q.NOM / MX.GDP.Q.REAL x 100; INEGI PIBT, NSA, 2018=100), level (index (real-series reference year = 100)).

Showing the full history (downsampled for display). Open the interactive chart to zoom and switch transforms.

Recent data

PeriodValueY/Y %
Q2 2026143.64.2
Q1 2026142.03.2
Q4 2025139.22.7
Q3 2025138.54.1
Q2 2025137.85.3
Q1 2025137.76.5
Q4 2024135.64.4
Q3 2024133.14.0
Q2 2024130.93.9
Q1 2024129.33.1
Q4 2023129.84.9
Q3 2023127.94.5
Q2 2023126.04.1
Q1 2023125.45.2
Q4 2022123.76.4
Q3 2022122.56.8
Q2 2022121.17.4
Q1 2022119.26.1
Q4 2021116.35.3
Q3 2021114.74.3
Q2 2021112.84.4
Q1 2021112.44.0
Q4 2020110.44.6
Q3 2020109.94.9

Last 24 observations. The full history (122 observations) is available through the API.

Get Mexico GDP implicit price deflator (MX.GDP.Q.NOM / MX.GDP.Q.REAL x 100; INEGI PIBT, NSA, 2018=100) in your code or spreadsheet

One guessable code, agency-direct, updated on release. Free tier available.

curl -H "X-API-Key: $MAKROGNOSIS_KEY" \
  "https://makrognosis.robomacro.com/v1/series/MX.GDPDEFL.Q.NSA"

# Python
import requests
r = requests.get("https://makrognosis.robomacro.com/v1/series/MX.GDPDEFL.Q.NSA",
                 headers={"X-API-Key": KEY})
obs = r.json()["observations"]
Get a free API key → · API docs

About this series

Latest observationQ2 2026
First observationQ1 1996
Observations122
FrequencyQuarterly
Unitsindex (real-series reference year = 100)
AdjustmentNot seasonally adjusted
10-year high8.5% (Q1 2017)
10-year low2.7% (Q4 2025)
10-year average5.1%
Source agencyMakrognosis (computed from agency-direct inputs)
Makrognosis codeMX.GDPDEFL.Q.NSA

This series is a labelled reference series (an official figure republished by an aggregator) rather than a first print from the agency itself.

Other Mexico indicators

Mexico GDP (Gross Domestic Product)Mexico Nominal GDP, current prices, NSA at annual rateMexico Inflation Rate (CPI)Mexico Core Inflation RateMexico Unemployment RateMexico 10-Year Government Bond YieldMexico Credit Rating & Sovereign Risk ScoreMexico Industrial ProductionMexico Retail SalesMexico Producer Price Inflation (PPI)Mexico Trade Balance: Goods & ServicesMexico Exports of Goods, FOB, total (INEGI), USD mnMexico Imports of Goods, FOB, total (INEGI), USD mnMexico Government Debt to GDPMexico Consumer confidence index, seasonally adjusted (INEGI BIE 454186)Mexico M2 Money Stock

FAQ

What is the current gDP implicit price deflator (MX.GDP.Q.NOM / MX.GDP.Q.REAL x 100; INEGI PIBT, NSA, 2018=100) in Mexico?
The latest reading is 4.2% year on year for Q2 2026, published by Makrognosis (computed from agency-direct inputs).
Where does this data come from?
It is collected directly from Makrognosis (computed from agency-direct inputs) and is available through the Makrognosis API under the code MX.GDPDEFL.Q.NSA.

Last updated 2026-10-23. Source: Makrognosis (computed from agency-direct inputs). Original title: “MX GDP implicit price deflator (MX.GDP.Q.NOM / MX.GDP.Q.REAL x 100; INEGI PIBT, NSA, 2018=100)”.