Makrognosis

Mexico Inflation Rate (CPI)

MonthlyNot seasonally adjustedCode MX.CPI.M.NSA

Latest (y/y)3.8%October 2026
Previous (y/y)3.5%September 2026
Level147.0October 2026

Mexico Inflation Rate (CPI) was up 3.8% year on year in October 2026, compared with 3.5% in September 2026.

The level stood at 147.0 (index 2018=100).

Among the 80 economies Makrognosis covers on this measure, it is the 40th lowest.

Over the past ten years it has ranged from 2.1% (Apr 2020) to 8.7% (Sep 2022), averaging 4.9%.

Mexico Inflation Rate (CPI), annual % change, Jan 1997 – Oct 20260%10%20%30%200020052010201520202025Robomacro
Mexico Inflation Rate (CPI), annual % change, Jan 1997 – Oct 2026. Source: Banco de Mexico SIE (Sistema de Informacion Economica).
Mexico Inflation Rate (CPI), level (index 2018=100)0255075100125150200020052010201520202025Robomacro
Mexico Inflation Rate (CPI), level (index 2018=100).

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

Recent data

PeriodValueY/Y %
October 2026147.03.8
September 2026146.13.5
August 2026145.53.3
July 2026145.23.1
June 2026145.13.4
May 2026145.53.9
April 2026145.84.4
March 2026145.54.6
February 2026144.34.0
January 2026143.63.8
December 2025143.03.7
November 2025142.63.8
October 2025141.73.6
September 2025141.23.8
August 2025140.93.6
July 2025140.83.5
June 2025140.44.3
May 2025140.04.4
April 2025139.63.9
March 2025139.23.8
February 2025138.73.8
January 2025138.33.6
December 2024137.94.2
November 2024137.44.5

Last 24 observations. The full history (370 observations) is available through the API.

Get Mexico Inflation Rate (CPI) 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.CPI.M.NSA"

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

About this series

Latest observationOctober 2026
First observationJanuary 1996
Observations370
FrequencyMonthly
Unitsindex 2018=100
AdjustmentNot seasonally adjusted
10-year high8.7% (Sep 2022)
10-year low2.1% (Apr 2020)
10-year average4.9%
Source agencyBanco de Mexico SIE (Sistema de Informacion Economica)
Makrognosis codeMX.CPI.M.NSA

Inflation Rate (CPI): how Mexico compares

#EconomyPeriodLatest
1VenezuelaOct 2026376.9%
2SudanDec 202568.1%
3ArgentinaOct 202633.1%
4TurkeyOct 202629.8%
5HaitiSep 202616.4%
36SerbiaOct 20264.3%
37EstoniaOct 20264.2%
38ThailandOct 20263.9%
39PolandSep 20263.9%
40PortugalOct 20263.8%
41MexicoOct 20263.8%
42New ZealandSep 20263.7%
43NetherlandsOct 20263.7%
44AustriaSep 20263.6%
45NorwayOct 20263.6%
46North MacedoniaSep 20263.5%
47United KingdomSep 20263.4%

Inflation Rate (CPI) by country: all 80 economies ranked →

More Mexico Inflation Rate (CPI) series

Mexico INPC core: Merchandise (Subyacente Mercancías), index 2018=100Mexico INPC core: Services (Subyacente Servicios), index 2018=100Mexico INPC non-core (No Subyacente), index 2018=100Mexico INPC non-core: Energy and government-authorized tariffs, index 2018=100

Other Mexico indicators

Mexico GDP (Gross Domestic Product)Mexico Nominal GDP, current prices, NSA at annual rateMexico 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 StockMexico 10-Year Fixed-Rate Bond (M-Bono) Yield (Banxico SIE)

FAQ

What is the current inflation Rate (CPI) in Mexico?
The latest reading is 3.8% year on year for October 2026, published by Banco de Mexico SIE (Sistema de Informacion Economica).
Where does this data come from?
It is collected directly from Banco de Mexico SIE (Sistema de Informacion Economica) and is available through the Makrognosis API under the code MX.CPI.M.NSA.

Last updated 2026-11-09. Source: Banco de Mexico SIE (Sistema de Informacion Economica). Original title: “Mexico INPC (Consumer Price Index), All items, National, Monthly (2018=100)”.