FX.co ★ Mexico’s Monthly Inflation Cools Sharply in April, Easing to 0.20%

Mexico’s consumer price inflation slowed markedly in April 2026, with the month-over-month Consumer Price Index (CPI) rising just 0.20%, down from a 0.86% increase in March 2026. The fresh data, updated on 7 May 2026, signal a notable easing in short-term price pressures across the economy.

On a month-over-month basis, April’s reading indicates that prices are still rising but at a much more moderate pace compared with March, when the CPI had accelerated by 0.86% versus February. The latest figure suggests a cooling in inflation momentum, which could influence expectations around the future path of consumer prices.

The comparison framework used for the release highlights this deceleration clearly: the current “Actual” figure measures April’s change against March, while the “Previous” figure captured March’s change versus February. With the monthly rate more than halving from March to April, market participants and policymakers will be watching upcoming data closely to gauge whether this softer inflation trend can be sustained.