Makrognosis

Mexico INPC core: Services (Subyacente Servicios), index 2018=100

MonthlyNot seasonally adjustedCode MX.CPI.M.NSA.GRP-CORESERVICES

Latest (y/y)4.3%October 2026
Previous (y/y)4.3%September 2026
Level140.4October 2026

Mexico INPC core: Services (Subyacente Servicios), index 2018=100 was up 4.3% year on year in October 2026, compared with 4.3% in September 2026.

The level stood at 140.4 (index 2018=100).

Over the past ten years it has ranged from 2.0% (Dec 2020) to 5.7% (Mar 2023), averaging 4.0%.

Mexico INPC core: Services (Subyacente Servicios), index 2018=100, annual % change, Jan 1997 – Oct 20260%5%10%15%20%25%200020052010201520202025Robomacro
Mexico INPC core: Services (Subyacente Servicios), index 2018=100, annual % change, Jan 1997 – Oct 2026. Source: Banco de Mexico SIE (Sistema de Informacion Economica).
Mexico INPC core: Services (Subyacente Servicios), index 2018=100, level (index 2018=100)255075100125150200020052010201520202025Robomacro
Mexico INPC core: Services (Subyacente Servicios), index 2018=100, 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 2026140.44.3
September 2026139.84.3
August 2026139.54.3
July 2026139.24.4
June 2026138.84.5
May 2026138.44.6
April 2026138.04.5
March 2026137.64.5
February 2026136.94.4
January 2026136.24.5
December 2025135.84.3
November 2025135.14.5
October 2025134.64.4
September 2025134.14.4
August 2025133.74.4
July 2025133.44.4
June 2025132.84.6
May 2025132.34.5
April 2025132.04.6
March 2025131.64.3
February 2025131.14.6
January 2025130.44.7
December 2024130.14.9
November 2024129.34.9

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

Get Mexico INPC core: Services (Subyacente Servicios), index 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.CPI.M.NSA.GRP-CORESERVICES"

# Python
import requests
r = requests.get("https://makrognosis.robomacro.com/v1/series/MX.CPI.M.NSA.GRP-CORESERVICES",
                 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 high5.7% (Mar 2023)
10-year low2.0% (Dec 2020)
10-year average4.0%
Source agencyBanco de Mexico SIE (Sistema de Informacion Economica)
Makrognosis codeMX.CPI.M.NSA.GRP-CORESERVICES

More Mexico CPI series

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

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 iNPC core: Services (Subyacente Servicios), index 2018=100 in Mexico?
The latest reading is 4.3% 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.GRP-CORESERVICES.

Last updated 2026-11-10. Source: Banco de Mexico SIE (Sistema de Informacion Economica). Original title: “Mexico INPC core: Services (Subyacente Servicios), index 2018=100”.