FX.co ★ Mexican Inflation Rises to 4-Month High

In April 2025, Mexico's annual inflation rate increased to 3.93%, up from 3.8% in March, aligning with market forecasts. This rise marks the most significant price growth seen this year, although it remains below the Bank of Mexico's maximum inflation target of 4%. Price escalation was noted in sectors such as food, beverages, and tobacco, which saw an increase from 2.98% in March to 3.38%, while services experienced a climb from 4.35% to 4.56%. Conversely, inflation rates for energy decreased from 2.72% to 2.47%, and agricultural goods saw a reduction from 4.87% to 4.13%. Core inflation saw a notable increase, reaching 3.93% compared to 2.64% the prior month. On a monthly basis, the consumer prices in Mexico rose by 0.33%.