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Mexico: Inflation rises in August but remains on-target
Latest reading: Inflation came in at 3.6% in August, which was up from July’s 3.5%. The reading was in line with market expectations and the Central Bank’s 2.0%–4.0% target range.
The trend pointed down mildly, with annual average inflation coming in at 4.1% in August (July: 4.2%). Meanwhile, core inflation was steady, coming in at July’s 4.2% in August.
Lastly, consumer prices rose 0.06% in August over the previous month, which was below July’s 0.27% rise. August’s result marked the weakest reading since September 2024.
