Mexico’s annual inflation rate rose to 3.26% in the first half of August 2026, up from 3.14% in the previous two-week period, according to data from the National Institute of Statistics and Geography (INEGI).
The Consumer Price Index increased 0.10% compared with the second half of July. Headline inflation remains slightly above Banco de México’s 3% target, while staying within the central bank’s one-percentage-point tolerance range.
Core inflation, which excludes some of the most volatile price categories, eased slightly from 3.95% to 3.93% year over year.
Some of the largest price increases during the period were recorded for onions, up 19.03%; serrano peppers, up 8.92%; and eggs, up 7.92%. Prices also increased for other fruits, tequila, taxi services, public transportation and university tuition.
Several categories moved in the opposite direction. Prices fell 5.97% for potatoes and other tubers, 4.86% for tomatoes, 3.66% for avocados, 2.05% for LP gas and 1.21% for chicken.
The figures come after Banco de México held its benchmark interest rate at 6.50% on August 6. The trajectory of core inflation and service prices will remain important indicators for upcoming monetary policy decisions.
Source: El Financiero
