Producer Prices in Mexico

Mexico Producer Prices | Economic News & Forecasts

Mexico - Producer Prices

Inflation comes in at highest level since April in September

Consumer prices rose 0.62% in September over the previous month, picking up from August's 0.19% rise. September's result marked the highest reading since March. Looking at the details of the release, transportation prices rose in September after dropping in the previous month and price pressures for housing also rebounded.

Inflation increased to 6.0% in September, above August’s 5.6% and the Central Bank’s 2.0%–4.0% target range. September's reading represented the highest inflation rate since April. Meanwhile, the trend pointed up mildly, with annual average inflation coming in at 4.8% in September (August: 4.7%). Finally, core inflation ticked up to 4.9% in September, from August’s 4.8%.

Panelists surveyed by FocusEconomics see inflation ending 2021 at 5.8%, which is up 0.2 percentage points from last month’s forecast. For 2022, the panel sees year-end inflation at 3.7%.

Mexico - Producer Prices Data

2015   2016   2017   2018   2019  
Inflation (PPI, annual variation in %)1.3  10.3  5.2  6.1  1.0  

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Mexico Facts

Value Change Date
Bond Yield6.87-0.24 %Dec 31
Exchange Rate18.93-0.29 %Jan 01

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