Mexico inflation October 2026, Digi Mart USA News: Mexico’s annual inflation accelerated more than expected in October, a development that is likely to intensify scrutiny of the Bank of Mexico’s (Banxico) decision last week to cut interest rates in the face of persistent inflationary pressures.
Consumer prices rose 3.75 percent in October from a year earlier, according to the National Institute of Statistics, which reported the figure on Monday. The reading exceeded the median estimate of 3.65 percent from a Bloomberg survey of 23 economists and was higher than the 3.45 percent recorded in September.
Core inflation, which excludes volatile food and energy prices and is closely watched by the central bank, accelerated to 3.80 percent year over year. Economists had forecast 3.78 percent, compared with 3.75 percent in September.
During October, the products and services with the largest price increases in Mexico were air transportation, which rose 26.36 percent; zucchini, which increased 23.22 percent; and electricity, which climbed 18.51 percent.
