FX.co ★ Mexico’s Annual Inflation Ticks Back Above 4% in February, Easing Disinflation Trend

Mexico’s consumer price inflation edged higher in February 2026, signalling a pause in the recent disinflation trend. The country’s year-over-year CPI rose to 4.02%, up from 3.79% in January 2026, according to data last updated on 9 March 2026.

Both figures are expressed as annual changes, comparing each month’s price levels to those of the same month a year earlier. The move from 3.79% to 4.02% suggests that inflationary pressures have regained some strength after previously easing, potentially complicating the outlook for monetary policy and borrowing costs.

Investors and policymakers will be watching upcoming releases closely to determine whether February’s uptick marks the beginning of a more persistent inflation rebound or a temporary fluctuation around the central bank’s comfort zone.