Mexico’s consumer prices fell in the first half of May 2026, with the 1st half-month Consumer Price Index (CPI) registering a -0.16% change, according to data updated on 22 May 2026. The move marks a clear reversal from the previous 1st half-month reading in April 2026, when the CPI had inched up by 0.11%.
The shift from a modest increase in April to a negative reading in mid-May suggests a temporary bout of deflationary pressure in the Mexican economy during the period. While the data provided do not detail the underlying drivers, the headline change indicates that average consumer prices in early May were lower than in the first half of the previous month.
This latest CPI reading will be closely watched by market participants and policymakers as they assess the trajectory of inflation and its potential implications for monetary policy in the coming months.
