Makrognosis

Mexico INPC non-core (No Subyacente), index 2018=100

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

Latest (y/y)3.6%October 2026
Previous (y/y)2.4%September 2026
Level146.6October 2026

Mexico INPC non-core (No Subyacente), index 2018=100 was up 3.6% year on year in October 2026, compared with 2.4% in September 2026.

The level stood at 146.6 (index 2018=100).

Over the past ten years it has ranged from −2.0% (Apr 2020) to 12.6% (Dec 2017), averaging 5.6%.

Mexico INPC non-core (No Subyacente), index 2018=100, annual % change, Jan 1997 – Oct 2026−10%0%10%20%30%200020052010201520202025Robomacro
Mexico INPC non-core (No Subyacente), index 2018=100, annual % change, Jan 1997 – Oct 2026. Source: Banco de Mexico SIE (Sistema de Informacion Economica).
Mexico INPC non-core (No Subyacente), index 2018=100, level (index 2018=100)050100150200020052010201520202025Robomacro
Mexico INPC non-core (No Subyacente), 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 2026146.63.6
September 2026144.12.4
August 2026142.41.1
July 2026141.90.3
June 2026142.81.1
May 2026145.83.1
April 2026148.35.1
March 2026148.55.0
February 2026145.02.4
January 2026144.01.4
December 2025144.51.6
November 2025144.81.7
October 2025141.51.2
September 2025140.72.0
August 2025140.81.4
July 2025141.51.1
June 2025141.34.3
May 2025141.45.3
April 2025141.13.8
March 2025141.44.2
February 2025141.54.1
January 2025142.13.3
December 2024142.35.9
November 2024142.37.6

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

Get Mexico INPC non-core (No Subyacente), 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-NONCORE"

# Python
import requests
r = requests.get("https://makrognosis.robomacro.com/v1/series/MX.CPI.M.NSA.GRP-NONCORE",
                 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 high12.6% (Dec 2017)
10-year low−2.0% (Apr 2020)
10-year average5.6%
Source agencyBanco de Mexico SIE (Sistema de Informacion Economica)
Makrognosis codeMX.CPI.M.NSA.GRP-NONCORE

More Mexico CPI series

Mexico INPC core: Merchandise (Subyacente Mercancías), index 2018=100Mexico INPC core: Services (Subyacente Servicios), 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 non-core (No Subyacente), index 2018=100 in Mexico?
The latest reading is 3.6% 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-NONCORE.

Last updated 2026-11-10. Source: Banco de Mexico SIE (Sistema de Informacion Economica). Original title: “Mexico INPC non-core (No Subyacente), index 2018=100”.