FX.co ★ Mexico’s Mid-August Core CPI Growth Halves, Signaling Softer Underlying Inflation

Mexico’s 1st half-month core Consumer Price Index (CPI) for August 2026 showed a notable slowdown, indicating a moderation in underlying inflationary pressures. The core CPI increased by 0.08% in the first half of August, down from a 0.16% rise in the first half of July 2026.

Core CPI, which excludes more volatile components and is closely watched as a gauge of underlying price trends, effectively saw its rate of increase cut in half over the month. The latest figures, updated on 24 August 2026, suggest a cooling in price momentum that could influence expectations around future inflation dynamics and monetary policy discussions in Mexico.