Inflation Accelerates at the Start of 2026, Reaching 3.77%

Mexico began 2026 with faster price growth, as consumer inflation showed an uptick during the first half of January, according to official data.

Figures released by the National Institute of Statistics and Geography (Inegi) indicate that the annual inflation rate reached 3.77%, following a biweekly increase of 0.31%. This represents a rise of 0.08 percentage points compared to the end of December, when inflation stood at 3.69%.

Core inflation, which reflects prices of goods and services with lower volatility, increased by 0.43% over the two-week period and by 4.47% year over year. This category includes processed foods, beverages, tobacco, non-food goods, housing, education and services, and is widely used to track underlying inflation trends.

Meanwhile, non-core inflation declined by 0.12% on a biweekly basis, though it remains up 1.43% annually. This component covers agricultural products, fresh produce, livestock, energy items and government-regulated tariffs, which tend to experience sharper price swings.

Source: Puente Libre MX

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