Monthly inflation · Mexico
Mexico Mid-month Inflation Rate MoM
The Mexico Mid-month Inflation Rate MoM is the change in consumer prices in Mexico from the previous month (or quarter).
- Importance
- Low
- Released
- Monthly
- Next release
- Currency
- MXN · Mexican peso
- Central bank
- The Banco de México (Banxico)
- Moves
- USDMXN
Latest figures
The latest release for OCT, published on 22 October 2026, came in at 0.41%, above the consensus of 0.37%, up from 0.33% the time before.
A higher figure than expected makes the Banco de México (Banxico) more likely to keep rates high or raise them: it tends to support the Mexican peso and push bond yields up, and is often a weight on stocks.
Over the last 12 releases it ranged from -0.16% to 0.62%, averaging 0.23%; it has been rising for three releases in a row.
| Released | For | Actual | Consensus | Previous |
|---|---|---|---|---|
| 22 Oct 2026 | OCT | 0.41% | 0.37% | 0.33% |
| 24 Sep 2026 | SEP | 0.33% | 0.26% | 0.1% |
| 24 Aug 2026 | AUG | 0.1% | – | 0.07% |
| 24 Jun 2026 | JUN | -0.11% | 0.1% | -0.16% |
| 22 May 2026 | MAY | -0.16% | -0.15% | 0.11% |
| 23 Apr 2026 | APR | 0.11% | 0.08% | 0.62% |
| 24 Mar 2026 | MAR | 0.62% | 0.37% | 0.25% |
| 24 Feb 2026 | FEB | 0.25% | 0.21% | 0.31% |
| 22 Jan 2026 | JAN | 0.31% | 0.37% | 0.17% |
| 23 Dec 2025 | DEC | 0.17% | 0.31% | 0.47% |
| 24 Nov 2025 | NOV | 0.47% | 0.42% | 0.28% |
| 23 Oct 2025 | OCT | 0.28% | 0.36% | 0.18% |
Why it matters
The monthly change is the freshest reading of price pressure: the yearly rate is the sum of the last twelve monthly changes, so today's monthly figure tells you where the yearly rate is heading.
How it is calculated
INEGI prices a fixed basket of goods and services across the country and compares the index with the previous period. Seasonal patterns (sales, holidays) make raw monthly figures jumpy; some countries also publish seasonally adjusted numbers.
Monthly inflation = index(this month) ÷ index(last month) − 1
Annualised ≈ (1 + monthly)¹² − 1What changes mean
- Compare with the same month in earlier years: January and September often have seasonal jumps.
- 0.2% a month is about the 2% a year most central banks aim for.
Higher than expected: A higher figure than expected makes the Banco de México (Banxico) more likely to keep rates high or raise them: it tends to support the Mexican peso and push bond yields up, and is often a weight on stocks.
Lower than expected: A lower figure than expected gives the Banco de México (Banxico) room to cut or hold rates lower: the Mexican peso tends to soften and bond yields to fall.
A short history
Monthly price indexes date from the early 20th century; many countries began publishing them during or after the First World War to adjust wages to the cost of living.
Questions
What is the Mexico Mid-month Inflation Rate MoM?
The Mexico Mid-month Inflation Rate MoM is the change in consumer prices in Mexico from the previous month (or quarter).
What was the latest Mexico Mid-month Inflation Rate MoM?
0.41% for OCT, published on 22 October 2026 (consensus 0.37%, previous 0.33%).
When is the next Mexico Mid-month Inflation Rate MoM?
On Tuesday 24 November 2026 at 12:00 UTC.
Educational content only, not investment advice. Figures are the published results as recorded by our calendar; market reactions described are typical, not guaranteed.