Mexico’s annual inflation rate eased to 3.55% in the first half of June 2026, according to data from the National Institute of Statistics and Geography, known as INEGI.
The National Consumer Price Index fell 0.11% compared with the previous two-week period. The latest reading was below May’s annual inflation rate of 3.94%, pointing to a moderation in overall price pressures.
Core inflation, which excludes the most volatile goods and services, rose 0.19% over the two-week period and reached 4.12% annually. Within that category, goods prices increased 0.11% in the period and 3.65% year over year, while services rose 0.27% and 4.57%, respectively.
Non-core inflation, which includes more volatile items such as agricultural products and energy-related prices, declined 1.14% in the period and stood at 1.61% annually. The drop was mainly linked to lower prices for agricultural goods, particularly fruits and vegetables.
Airfares, potatoes and other tubers, avocados, and owner-occupied housing were among the items with the largest price increases. Meanwhile, tomatoes, eggs, and poblano peppers posted price declines.
Mexico’s minimum consumption basket also eased, falling 0.37% in the first half of June and rising 3.30% annually, suggesting some relief in essential household expenses.
While headline inflation moved lower, prices for services and goods remain important factors to watch in assessing the broader inflation trend.
Source: Enfoque
