FX.co ★ Mexico’s Producer Prices Edge Higher in February, Signaling Mild Cost Pressures

Mexico’s Producer Price Index (PPI) ticked up in February 2026, suggesting a modest acceleration in cost pressures at the producer level. According to data updated on 09 March 2026, the PPI rose 0.20% month-over-month, doubling the previous month’s increase.

In January 2026, producer prices had inched up by 0.10% compared to December, but February’s 0.20% rise indicates a slightly stronger upward trend in input and production costs. On a month-over-month basis, the current reading compares the change in February to January, while the previous figure reflects the change in January versus December.

While still relatively moderate, the pick-up in producer inflation may be watched closely by markets and policymakers, as sustained increases at the producer level can eventually feed through to consumer prices and influence monetary policy expectations.