FX.co ★ Mexico’s Core Inflation Eases to 4.26% in April, Extending Disinflation Trend

Mexico’s core inflation eased to 4.26% in April 2026, down from 4.45% in March, according to data updated on 7 May 2026. The latest reading signals a continued moderation in underlying price pressures in Latin America’s second-largest economy.

On a month-over-month basis, April’s figure reflects a softer pace of price increases compared with March, when core inflation stood at 4.45%. The comparison is based on changes from one month to the next, with the current “actual” measure showing how April’s inflation evolved relative to March, and the “previous” figure indicating how March compared with February.

The continued decline in core inflation is closely watched by investors and policymakers, as it excludes volatile items and is often seen as a better gauge of medium-term price dynamics in Mexico. While the data confirm a gradual disinflation trend, markets will now focus on how this trajectory could influence future monetary policy decisions.