FX.co ★ Mexico’s Early-May Core Inflation Eases, Signalling Slight Cooling in Price Pressures

Mexico’s 1st half-month core Consumer Price Index (CPI) showed a modest deceleration in May, suggesting a slight easing of underlying inflationary pressures. The indicator came in at 0.13% in early May 2026, down from 0.18% recorded in the first half of April 2026.

The core CPI, which excludes volatile items and is closely watched by markets and policymakers as a gauge of underlying price dynamics, indicates that inflationary momentum has continued to cool into May. While the shift is relatively small, it marks a continuation of a gradual slowdown in core price growth.

These fresh figures were updated on 22 May 2026 and will be closely scrutinized by investors and analysts assessing Mexico’s inflation trajectory and its potential implications for future monetary policy decisions.