Mexico’s consumer price inflation accelerated in October 2026, interrupting the previous easing trend and edging further away from the lower end of the central bank’s target range. The country’s Consumer Price Index (CPI) rose 3.75% year-over-year in October, up from 3.45% in September 2026.
Both figures are measured on a year-over-year basis, comparing each month’s price levels to the same month a year earlier. The latest data, updated on 09 November 2026, show that after moderating in September, inflation regained momentum in October, signaling renewed price pressures in the Mexican economy.
The move higher from 3.45% to 3.75% may influence expectations around the future course of monetary policy, as investors and policymakers watch closely for signs of whether this uptick is temporary or the start of a more sustained acceleration in consumer prices.