# Mexico Narrow Money (M1)

Mexico Narrow Money (M1) was up 7.9% year on year in September 2026, compared with 6.5% in August 2026.
The level stood at 8,816,892,569 thousand MXN.
Among the 9 economies Makrognosis covers on this measure, it is the highest.
Over the past ten years it has ranged from 1.5% (Jun 2019) to 22.9% (Oct 2020), averaging 10.1%.

- Source agency: Banco de Mexico SIE (Sistema de Informacion Economica)
- Makrognosis code: `MX.M1.M.NSA`
- Frequency: monthly
- Units: thousand MXN
- Coverage: 2000-12-01 to 2026-09-01 (310 observations)
- Page: https://makrognosis.robomacro.com/data/mexico/narrow-money-m1

## Recent data

| Period | Value | Y/Y % |
|---|---:|---:|
| September 2026 | 8,816,892,569 thousand MXN | 7.9 |
| August 2026 | 8,721,064,611 thousand MXN | 6.5 |
| July 2026 | 8,752,040,386 thousand MXN | 7.3 |
| June 2026 | 8,698,403,355 thousand MXN | 7.1 |
| May 2026 | 8,773,698,396 thousand MXN | 8.5 |
| April 2026 | 8,665,283,972 thousand MXN | 8.1 |
| March 2026 | 8,616,132,412 thousand MXN | 7.9 |
| February 2026 | 8,575,377,732 thousand MXN | 6.6 |
| January 2026 | 8,590,934,163 thousand MXN | 6.4 |
| December 2025 | 8,827,047,837 thousand MXN | 6.3 |
| November 2025 | 8,456,121,067 thousand MXN | 6.2 |
| October 2025 | 8,184,840,040 thousand MXN | 6.7 |
| September 2025 | 8,170,523,244 thousand MXN | 7.2 |
| August 2025 | 8,190,566,113 thousand MXN | 7.7 |
| July 2025 | 8,153,317,733 thousand MXN | 8.5 |
| June 2025 | 8,123,506,106 thousand MXN | 8.2 |
| May 2025 | 8,088,803,845 thousand MXN | 9.1 |
| April 2025 | 8,014,131,476 thousand MXN | 9.1 |
| March 2025 | 7,984,228,845 thousand MXN | 7.2 |
| February 2025 | 8,044,725,659 thousand MXN | 8.4 |
| January 2025 | 8,076,727,183 thousand MXN | 10.9 |
| December 2024 | 8,304,519,124 thousand MXN | 11.6 |
| November 2024 | 7,962,476,750 thousand MXN | 12.0 |
| October 2024 | 7,667,574,679 thousand MXN | 10.3 |

## API

```
curl -H "X-API-Key: $MAKROGNOSIS_KEY" \
  "https://makrognosis.robomacro.com/v1/series/MX.M1.M.NSA"

# Python
import requests
r = requests.get("https://makrognosis.robomacro.com/v1/series/MX.M1.M.NSA",
                 headers={"X-API-Key": KEY})
obs = r.json()["observations"]
```