Producer Prices in Mexico

Mexico Producer Prices | Economic News & Forecasts

Mexico - Producer Prices

Inflation comes in at highest level since January 2001 in June

Consumer prices rose 0.84% from the previous month in June, following the 0.18% rise recorded in May. The result was driven by rising price pressures for food, beverages and tobacco, housing, transport and clothing.

Inflation came in at 8.0% in June, up from May’s 7.7% and further above the Central Bank’s 2.0%–4.0% target range. June's figure marked the highest inflation rate since January 2001. Meanwhile, the trend pointed up slightly, with annual average inflation coming in at 7.0% in June (May: 6.8%). Lastly, core inflation ticked up to 7.5% in June, from the previous month's 7.3%. The anti-inflation package announced by the government in early May has so far had a minimal impact on inflation, with the June inflation figures meaning that further aggressive monetary tightening is likely at Banxico’s August meeting.

Panelists surveyed by FocusEconomics see inflation ending 2022 at 6.7%, which is up 0.2 percentage points from last month’s forecast. For 2023, the panel sees year-end inflation at 4.4%.

Mexico - Producer Prices Data

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

Sample Report

5 years of economic forecasts for more than 30 economic indicators.

Download

Mexico Facts

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

Sample Report

Get a sample report showing our regional, country and commodities data and analysis.

Download

Request a Trial

Start working with the reports used by the world’s major financial institutions, multinational enterprises & government agencies now. Click on the button below to get started.

Sign Up

Economic News

Search form