# Mexico INPC core: Merchandise (Subyacente Mercancías), index 2018=100

Mexico INPC core: Merchandise (Subyacente Mercancías), index 2018=100 was up 3.3% year on year in October 2026, compared with 3.2% in September 2026.
The level stood at 152.9 (index 2018=100).
Over the past ten years it has ranged from 2.4% (Nov 2024) to 11.3% (Nov 2022), averaging 5.3%.

- Source agency: Banco de Mexico SIE (Sistema de Informacion Economica)
- Makrognosis code: `MX.CPI.M.NSA.GRP-COREGOODS`
- Frequency: monthly
- Units: index 2018=100
- Coverage: 1996-01-01 to 2026-10-01 (370 observations)
- Page: https://makrognosis.robomacro.com/data/mexico/inpc-core-merchandise-subyacente-mercancias-index-2018-100

## Recent data

| Period | Value | Y/Y % |
|---|---:|---:|
| October 2026 | 152.9 | 3.3 |
| September 2026 | 152.5 | 3.2 |
| August 2026 | 152.3 | 3.4 |
| July 2026 | 152.2 | 3.5 |
| June 2026 | 151.9 | 3.6 |
| May 2026 | 151.6 | 3.8 |
| April 2026 | 151.3 | 4.0 |
| March 2026 | 150.9 | 4.4 |
| February 2026 | 150.4 | 4.5 |
| January 2026 | 149.9 | 4.6 |
| December 2025 | 148.5 | 4.3 |
| November 2025 | 148.0 | 4.4 |
| October 2025 | 148.0 | 4.1 |
| September 2025 | 147.8 | 4.2 |
| August 2025 | 147.3 | 4.1 |
| July 2025 | 147.0 | 4.0 |
| June 2025 | 146.7 | 3.9 |
| May 2025 | 146.1 | 3.7 |
| April 2025 | 145.5 | 3.4 |
| March 2025 | 144.5 | 3.0 |
| February 2025 | 143.9 | 2.7 |
| January 2025 | 143.3 | 2.7 |
| December 2024 | 142.4 | 2.5 |
| November 2024 | 141.8 | 2.4 |

## API

```
curl -H "X-API-Key: $MAKROGNOSIS_KEY" \
  "https://makrognosis.robomacro.com/v1/series/MX.CPI.M.NSA.GRP-COREGOODS"

# Python
import requests
r = requests.get("https://makrognosis.robomacro.com/v1/series/MX.CPI.M.NSA.GRP-COREGOODS",
                 headers={"X-API-Key": KEY})
obs = r.json()["observations"]
```