FX.co ★ Mexico Inflation Edges Higher as Expected

In March 2025, Mexico's inflation rate slightly increased to 3.80%, up from 3.77% in February. This rise aligns with market predictions and marks the highest rate recorded this year, yet it remains within the Bank of Mexico's target ceiling of 4%. Notably, inflation for food, alcohol, and tobacco rose to 4.15%, compared to 3.78% in February. Conversely, inflation in the housing sector saw a minor decrease, moving down to 3.64% from 3.75%. Meanwhile, the core inflation rate showed minimal change, holding steady at 3.64%.