MX CPI m/m
Consumer prices account for a majority of overall inflation. Inflation is important because rising prices lead the central bank to raise interest rates out of respect for their inflation containment mandate;
This is an important inflation-related release due to its earliness and broad scope;
- MX CPI m/m Graph
- History
| Expected Impact / Date | Actual | Forecast | Previous |
|---|---|---|---|
| Sep 9, 2024 | 0.01% | 0.07% | 1.05% |
| Aug 8, 2024 | 1.05% | 1.01% | 0.38% |
| Jul 9, 2024 | 0.38% | 0.29% | -0.19% |
| Jun 7, 2024 | -0.19% | -0.08% | 0.20% |
| May 9, 2024 | 0.20% | 0.18% | 0.29% |
| Apr 9, 2024 | 0.29% | 0.36% | 0.09% |
| Mar 7, 2024 | 0.09% | 0.12% | 0.89% |
| Feb 8, 2024 | 0.89% | 0.89% | 0.71% |
-
- MX CPI m/m News
From inegi.org.mx|Sep 9, 2024The National Institute of Statistics and Geography (INEGI) announces the results of the National Consumer Price Index (INPC). Its objective is to measure the variation in the prices of a basket of goods and services representative of the consumption of Mexican households that is purchased by an average urban consumer. In August 2024, the INPC showed an increase of 0.01% compared to the previous month. With this result, the annual general inflation stood at 4.99 percent. In the same month of 2023, the monthly inflation was 0.55% and ...
From bnnbloomberg.ca|Aug 8, 2024Mexico’s headline inflation accelerated slightly more than expected in July, boosting the chances that the central bank keeps its key rate unchanged for a third straight meeting later Thursday. Consumer prices rose 5.57% in July from a year earlier, above the 5.53% median estimate of economists surveyed by Bloomberg, and higher than June’s 4.98% reading. Core inflation, which is closely watched by the central bank and excludes volatile items like fuel and food, slowed to 4.05% from 4.13% the prior month, just above the median ...
From inegi.org.mx|Aug 8, 2024The National Institute of Statistics and Geography (INEGI) announces the results of the National Consumer Price Index (INPC). Its objective is to measure the variation in the prices of a basket of goods and services representative of the consumption of Mexican households that is purchased by an average urban consumer. In July 2024, the INPC showed an increase of 1.05% compared to the previous month. With this result, the annual general inflation stood at 5.57 percent. In the same month of 2023, the monthly inflation was 0.48% and the ...
From xm.com|Aug 6, 2024Mexico's headline inflation rate likely accelerated again in July to reach its highest level in more than a year, while the core index is forecast to continue to moderate, a Reuters poll showed on Tuesday. Increasing prices in July would likely make it more difficult for the Mexican central bank to cut its key interest rate in its decision later this week. The median estimate of 16 analysts forecast an annual headline inflation rate in July of 5.57%, its highest level in more than a year and its fifth consecutive month of ticking up. ...
From bnnbloomberg.ca|Jul 9, 2024Mexico’s inflation accelerated more than expected in June, complicating central bank’s efforts to cut interest rates that remain near an all-time high. Consumer prices rose 4.98% from a year earlier, above the 4.87% median estimate of analysts in a Bloomberg survey. Core inflation, a metric that strips out volatile components and that the Mexican central bank watches closely, slowed to 4.13%, slightly below the 4.14% median estimate. The central bank, known as Banxico, in June maintained borrowing costs at 11%, in a 4-1 split vote ...
- From inegi.org.mx|Jul 9, 2024
The National Institute of Statistics and Geography (INEGI) announces the results of the National Consumer Price Index (INPC). Its objective is to measure the variation in the prices of a basket of goods and services representative of the consumption of Mexican households that is purchased by an average urban consumer. In June 2024, the INPC showed an increase of 0.38% compared to the previous month. With this result, the annual general inflation stood at 4.98 percent. In the same month of 2023, the monthly inflation was 0.10% and the ...
- From inegi.org.mx|Jun 7, 2024
The National Institute of Statistics and Geography (INEGI) releases the results of the National Consumer Price Index (INPC). Its objective is to measure the variation in prices of a basket of goods and services representative of the consumption of Mexican households purchased by an average urban consumer. In May 2024, the INPC decreased 0.19% compared to the previous month. With this result, annual general inflation stood at 4.69 percent. In the same month of 2023, monthly inflation was -0.22% and annual inflation was 5.84 percent. ...
- From inegi.org.mx|May 9, 2024
The National Institute of Statistics and Geography (INEGI) releases the results of the National Consumer Price Index (INPC). Its objective is to measure the variation in prices of a basket of goods and services representative of the consumption of Mexican households purchased by an average urban consumer. As reported at the time, INEGI stopped trading in the city of Acapulco de Juárez, between November 2023 and March 2024, due to the impact of Hurricane Otis. Currently, a new sample of establishments and products has been selected to ...
| Released on Sep 9, 2024 |
|---|
| Released on Aug 8, 2024 |
|---|
| Released on Jul 9, 2024 |
|---|
| Released on Jun 7, 2024 |
|---|
| Released on May 9, 2024 |
|---|
- Details