FX.co ★ Mexico’s Monthly Inflation Quickens to 0.38% in January 2026

Mexico’s consumer inflation edged higher at the start of 2026, with the month‑over‑month Consumer Price Index (CPI) rising 0.38% in January, up from a 0.28% increase in December 2025. The latest data, updated on 9 February 2026, indicate a modest acceleration in price growth as the new year began.

On a month‑over‑month basis, the January reading compares the change in prices from January to December 2025, while the previous figure reflected the change from December 2025 versus November 2025. The step‑up from 0.28% to 0.38% suggests slightly firmer short‑term inflationary pressure, a development that will be closely monitored by markets and policymakers assessing the trajectory of Mexico’s price dynamics in early 2026.