Mexico’s consumer price index rose 0.25% in the first half of February 2026, pushing annual inflation to 3.92%, according to the National Institute of Statistics and Geography (INEGI).
Core inflation, which excludes more volatile items, increased 0.22% over the two-week period and reached 4.52% annually, with goods up 0.20% and services up 0.24%. Meanwhile, the non-core index climbed 0.32% biweekly, though its annual rate stood at 1.92%.
Within that category, fruits and vegetables jumped 2.10%, while energy products and government-regulated tariffs edged down 0.01%.
Tomatoes, potatoes and other tubers were among the items with the greatest upward impact on prices. By contrast, deodorants, zucchini, chicken and onions recorded declines.
Overall inflation remains at a moderate level, though seasonal pressures in agricultural goods were evident. Economists note that trends in core inflation will be key for assessing the outlook for monetary policy.
Source: Enfoque
