Mexico’s annual inflation rate rose to 3.75% in October 2026, while the Consumer Price Index increased 0.65% from September.
Core inflation rose 0.34% for the month and reached 3.80% year over year. Within the core index, goods prices increased 0.22% and services rose 0.44%.
Among the largest monthly price increases were electricity, up 18.51%; airfares, up 26.36%; green tomatoes, up 35.58%; and squash, up 23.22%. Tomatoes and household LP gas also posted increases.
The rise in electricity prices was largely linked to the end of seasonal summer subsidies in 18 Mexican cities.
Several products moved in the opposite direction. Lime prices fell 16.53%, oranges declined 8.90%, avocados dropped 7.20%, and potatoes and other tubers decreased 6.29%. Bundled internet, phone and pay-TV services also became cheaper.
Restaurant and accommodation prices rose 6.20% from a year earlier, while food and non-alcoholic beverages increased 3.55% annually.
October’s figures point to price pressures concentrated in energy, selected food products and services, while declines in other categories helped offset part of the overall increase.
Source: El Heraldo
