Core inflation · Mexico

Mexico Core Inflation Rate YoY

The Mexico Core Inflation Rate YoY measures the rise in consumer prices in Mexico without the most volatile items, usually food and energy (definitions vary by country).

Wichtigkeit
Medium
Veröffentlicht
Monthly
Nächste Veröffentlichung
Währung
MXN · Mexican peso
Zentralbank
The Banco de México (Banxico)
Bewegt
USDMXN

Neueste Zahlen

Die letzte Veröffentlichung, für SEP, erschien am 2026-10-08 und lag bei 3.75%. Das liegt unter dem Konsens von 3.79%. Das ist weniger als 3.88% beim letzten Mal.

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.

In den letzten 12 Veröffentlichungen lag der Wert zwischen 3.75% und 4.52%, im Schnitt 4.21%. Der Wert ist drei Veröffentlichungen in Folge gefallen.

Nov 2025: 4.28%Dec 2025: 4.43%Jan 2026: 4.33%Feb 2026: 4.52%Mar 2026: 4.5%Apr 2026: 4.45%May 2026: 4.26%Jun 2026: 4.19%Jul 2026: 4.03%Aug 2026: 3.95%Sep 2026: 3.88%Oct 2026: 3.75% Nov 2025Oct 2026
Tatsächliche Ergebnisse; der kurze Strich auf einem Balken markiert den Konsens.
VeröffentlichtFürIstKonsensVorher
8 Oct 2026SEP3.75%3.79%3.88%
9 Sep 2026AUG3.88%3.93%3.95%
7 Aug 2026JUL3.95%3.94%4.03%
9 Jul 2026JUN4.03%4.10%4.19%
9 Jun 2026MAY4.19%4.20%4.26%
7 May 2026APR4.26%4.27%4.45%
9 Apr 2026MAR4.45%4.46%4.5%
9 Mar 2026FEB4.5%4.50%4.52%
9 Feb 2026JAN4.52%4.50%4.33%
8 Jan 2026DEC4.33%4.34%4.43%
9 Dec 2025NOV4.43%4.34%4.28%
7 Nov 2025OCT4.28%4.27%4.28%

Im Wirtschaftskalender ansehen →

Warum es wichtig ist

Food and energy prices jump with harvests and oil, then fall back. The core rate shows the underlying trend that the Banco de México (Banxico) can actually influence, so it often moves markets more than the headline. Services inflation, driven by wages, is the stickiest part.

So wird gerechnet

INEGI takes the consumer price index basket, removes the excluded items and re-weights the rest; the change is measured month on month and against the same month a year earlier.

Core inflation (yoy) = core index ÷ core index 12 months ago − 1

Was Veränderungen bedeuten

  • A core rate falling towards the target lets the Banco de México (Banxico) ease; a stubborn core keeps rates high.
  • Monthly core changes of 0.2% compound to about 2.4% a year; 0.3% to about 3.7%.
  • Markets compare the figure with the consensus to one decimal; a 0.1-point surprise moves currencies.

Höher als erwartet: 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.

Niedriger als erwartet: 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.

Eine kurze Geschichte

Economists Robert Gordon and others popularised excluding food and energy in the 1970s, when oil shocks made the headline rate misleading; most central banks now publish or watch a core measure.

Fragen

What is the Mexico Core Inflation Rate YoY?

The Mexico Core Inflation Rate YoY measures the rise in consumer prices in Mexico without the most volatile items, usually food and energy (definitions vary by country).

What was the latest Mexico Core Inflation Rate YoY?

3.75% for SEP, published on 8 October 2026 (consensus 3.79%, previous 3.88%).

When is the next Mexico Core Inflation Rate YoY?

On Monday 9 November 2026 at 12:00 UTC.

Nur Bildungsinhalte, keine Anlageberatung. Die Zahlen sind die veröffentlichten Ergebnisse, wie sie unser Kalender erfasst hat; die beschriebenen Marktreaktionen sind typisch, nicht garantiert.