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URLhttps://mexiconewsdaily.com/news/inflation-ticked-up-august-banxico-expectations/
Last Crawled2026-04-09 04:40:18 (8 days ago)
First Indexed2025-09-09 23:06:11 (7 months ago)
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Meta TitleInflation ticked up in August, but still within Banxico's expectations
Meta DescriptionConsumer prices rose 3.57% through August, remaining within the central bank's target range for the second month in a row.
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Consumer prices rose 3.57% through August, remaining within the central bank’s target range for the second month in a row, according to data released by Mexico’s national statistics agency INEGI. After easing in June and July , the consumer price index (INPC) accelerated by 0.06% from July to August, though still roughly in line with market expectations.  Small eateries, such as loncherías, fondas, torterías and taquerías, felt a small amount of inflationary pressure during August. (Cuartoscuro) In August 2024 — the final month of the López Obrador administration — monthly inflation was a mere 0.01% while annualized inflation sat at 4.99%. The increase this August was driven by rising prices in several key consumer categories, including serrano chilies (+34.94%), green tomatoes (+16.71%), onions (6.33%) and beef (+0.67%). Also contributing were higher costs for housing and utilities (0.27%) and price hikes in services such as universities (+1.34%) and small restaurants — eateries known locally as loncherías, fondas and taquerías (+0.63%). In contrast, prices for avocados (–7.36%), chicken (–4.62%), bananas (–5.23), tomatoes (–11.46%), air freight (–9.76%) and movie theaters (–11%) declined considerably. Data showed that core inflation — which excludes volatile items like food and energy prices to assess underlying, long-term inflation trends — climbed 0.22% in August (just as it did in August a year ago), remaining stable at 4.23% on the year. Analysts had forecast an annual core inflation rate of 4.21%. The inflation rebound in August not only indicates persistent underlying price pressures, as noted by Moody’s analyst Alfredo Coutiño , but also highlights the delicate balance between controlling inflation and stimulating the economy as Mexico continues its post-pandemic recovery. Even so, the latest data suggests that inflation remains within the Bank of Mexico’s target range of 3% (plus or minus 1%). This suggests the central bank may proceed with a 25-basis-point rate cut at its next meeting on Sept. 25, continuing its monetary easing strategy by lowering the benchmark rate to 7.5%. In the 2026 budget proposal submitted by the Finance Ministry late Monday , inflation for year-end 2026 was forecast at 3%. This would meet the target set by the Bank of Mexico, which projects inflation converging to the target in the third quarter of next year. With reports from El Economista , La Jornada and El Financiero
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Log into your account [Forgot your password? Get help](https://mexiconewsdaily.com/news/inflation-ticked-up-august-banxico-expectations/) Password recovery Recover your password A password will be e-mailed to you. [Home](https://mexiconewsdaily.com/)[News](https://mexiconewsdaily.com/category/news/ "View all posts in News") [News](https://mexiconewsdaily.com/category/news/) # Annual inflation rose in August, but remains within central bank’s comfort zone [![MND Staff](https://secure.gravatar.com/avatar/d7105e56d7543ed00a1d5f745dc57f1f1038feddfb077fa07aef503497962b71?s=26&d=mm&r=g)](https://mexiconewsdaily.com/author/tbuckley/ "MND Staff") By [MND Staff](https://mexiconewsdaily.com/author/tbuckley/) September 9, 2025 [0](https://mexiconewsdaily.com/news/inflation-ticked-up-august-banxico-expectations/#respond) [![](https://mexiconewsdaily.com/wp-content/uploads/2025/09/1043494_Agroindustria-tomates-Zacatecas_impreso-696x464.jpg)](https://mexiconewsdaily.com/wp-content/uploads/2025/09/1043494_Agroindustria-tomates-Zacatecas_impreso.jpg) The price of red tomatoes fell 11.46% in August, bucking a trend that led to a very slight rise in overall Mexican inflation from July to August. (Adolfo Vladimir/Cuartoscuro) Consumer prices rose 3.57% through August, remaining within the central bank’s target range for the second month in a row, according to [data released by Mexico’s national statistics agency](https://www.inegi.org.mx/contenidos/saladeprensa/boletines/2025/inpc/inpc_2q2025_09.pdf) INEGI. After [easing in June](https://mexiconewsdaily.com/business/inflation-eases-in-june/) and [July](https://www.reuters.com/world/americas/mexicos-inflation-slows-july-central-bank-set-deliver-fresh-rate-cut-2025-08-07/), the consumer price index (INPC) accelerated by 0.06% from July to August, though still roughly in line with market expectations. ![lonchería](data:image/svg+xml,%3Csvg%20xmlns='http://www.w3.org/2000/svg'%20width='850'%20height='567'%20viewBox='0%200%20850%20567'%3E%3C/svg%3E) Small eateries, such as loncherías, fondas, torterías and taquerías, felt a small amount of inflationary pressure during August. (Cuartoscuro) In August 2024 — the final month of the López Obrador administration — monthly inflation was a mere 0.01% while annualized inflation sat at 4.99%. The increase this August was driven by rising prices in several key consumer categories, including serrano chilies (+34.94%), green tomatoes (+16.71%), onions (6.33%) and beef (+0.67%). Also contributing were higher costs for housing and utilities (0.27%) and price hikes in services such as universities (+1.34%) and small restaurants — eateries known locally as loncherías, fondas and taquerías (+0.63%). In contrast, prices for avocados (–7.36%), chicken (–4.62%), bananas (–5.23), tomatoes (–11.46%), air freight (–9.76%) and movie theaters (–11%) declined considerably. Data showed that core inflation — which excludes volatile items like food and energy prices to assess underlying, long-term inflation trends — climbed 0.22% in August (just as it did in August a year ago), remaining stable at 4.23% on the year. Analysts had forecast an annual core inflation rate of 4.21%. The inflation rebound in August not only indicates persistent underlying price pressures, as [noted by Moody’s analyst Alfredo Coutiño](https://x.com/AlfredoCoutino/status/1965391231602885061), but also highlights the delicate balance between controlling inflation and stimulating the economy as Mexico continues its post-pandemic recovery. [![](data:image/svg+xml,%3Csvg%20xmlns='http://www.w3.org/2000/svg'%20width='728'%20height='90'%20viewBox='0%200%20728%2090'%3E%3C/svg%3E)](https://mexiconewsdaily.com/register/?level_id=8) Even so, the latest data suggests that inflation remains within the Bank of Mexico’s target range of 3% (plus or minus 1%). This suggests the central bank may proceed with a 25-basis-point rate cut at its next meeting on Sept. 25, continuing its monetary easing strategy by lowering the benchmark rate to 7.5%. In the 2026 budget proposal [submitted by the Finance Ministry late Monday](https://mexiconewsdaily.com/news/finance-ministry-2026-budget-18-percent-increase-welfare-spending/), inflation for year-end 2026 was forecast at 3%. This would meet the target set by the Bank of Mexico, which projects inflation converging to the target in the third quarter of next year. *With reports from* [*El Economista*](https://www.eleconomista.com.mx/economia/inflacion-mexico-acelero-3-57-agosto-20250909-776384.html)*,* [*La Jornada*](https://www.jornada.com.mx/noticia/2025/09/09/economia/sube-inflacion-a-357-en-agosto-impulsada-por-alza-en-carnes-y-verduras) *and* [*El Financiero*](https://www.elfinanciero.com.mx/economia/2025/09/09/inflacion-en-mexico-pisa-el-acelerador-se-ubica-en-357-en-agosto-mas-de-lo-esperado/) Have something to say? Paid Subscribers get all access to make & read comments. [Subscribe Today\!](https://mexiconewsdaily.com/subscribe/) [![Logo](data:image/svg+xml,%3Csvg%20xmlns='http://www.w3.org/2000/svg'%20width='320'%20height='30'%20viewBox='0%200%20320%2030'%3E%3C/svg%3E)](https://mexiconewsdaily.com/) [![truck driver with truck of stolen fuel](data:image/svg+xml,%3Csvg%20xmlns='http://www.w3.org/2000/svg'%20width='218'%20height='150'%20viewBox='0%200%20218%20150'%3E%3C/svg%3E)](https://mexiconewsdaily.com/news/national-guard-truck-driver-illegal-fuel/ "National Guard arrests truck driver hauling 66,000 liters of illegal fuel") [Mexico City Plus](https://mexiconewsdaily.com/category/mexico-city-plus/) ### [National Guard arrests truck driver hauling 66,000 liters of illegal fuel](https://mexiconewsdaily.com/news/national-guard-truck-driver-illegal-fuel/ "National Guard arrests truck driver hauling 66,000 liters of illegal fuel") [MND Staff](https://mexiconewsdaily.com/author/pdavies/) \- April 8, 2026 [0](https://mexiconewsdaily.com/news/national-guard-truck-driver-illegal-fuel/#respond) Fuel theft has long been a problem in Mexico, including in México state and the Red Triangle region of the neighboring state of Puebla. The Sheinbaum administration is making strides to put an end to the dangerous business. [![whale](data:image/svg+xml,%3Csvg%20xmlns='http://www.w3.org/2000/svg'%20width='218'%20height='150'%20viewBox='0%200%20218%20150'%3E%3C/svg%3E)](https://mexiconewsdaily.com/news/a-win-for-whales-in-their-suit-against-huge-vessels-in-the-gulf-of-california/ "A win for whales in their suit against huge vessels in the Gulf of California") [Baja California Peninsula](https://mexiconewsdaily.com/category/baja-california-peninsula/) ### [A win for whales in their suit against huge vessels in the Gulf of California](https://mexiconewsdaily.com/news/a-win-for-whales-in-their-suit-against-huge-vessels-in-the-gulf-of-california/ "A win for whales in their suit against huge vessels in the Gulf of California") [MND Staff](https://mexiconewsdaily.com/author/altman-ohr/) \- April 8, 2026 [0](https://mexiconewsdaily.com/news/a-win-for-whales-in-their-suit-against-huge-vessels-in-the-gulf-of-california/#respond) The novel lawsuit, with Gulf of California whales serving as the plaintiffs, is based on the principle that whales are equally entitled to a safe and liveable habitat as human beings. [![crocodile being removed from beach](data:image/svg+xml,%3Csvg%20xmlns='http://www.w3.org/2000/svg'%20width='218'%20height='150'%20viewBox='0%200%20218%20150'%3E%3C/svg%3E)](https://mexiconewsdaily.com/news/crocodile-captured-bathing-area-0axaca-beach/ "300-kg crocodile alarms bathers at Puerto Escondido’s Bacocho Beach") [News](https://mexiconewsdaily.com/category/news/) ### [300-kg crocodile alarms bathers at Puerto Escondido’s Bacocho Beach](https://mexiconewsdaily.com/news/crocodile-captured-bathing-area-0axaca-beach/ "300-kg crocodile alarms bathers at Puerto Escondido’s Bacocho Beach") [MND Staff](https://mexiconewsdaily.com/author/gsolis/) \- April 7, 2026 [1](https://mexiconewsdaily.com/news/crocodile-captured-bathing-area-0axaca-beach/#comments) The croc may have been wandering after being displaced from its usual home, a phenomenon that has led to increasing out-of-place crocodile spottings along the Jalisco and Oaxaca coasts. 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Consumer prices rose 3.57% through August, remaining within the central bank’s target range for the second month in a row, according to [data released by Mexico’s national statistics agency](https://www.inegi.org.mx/contenidos/saladeprensa/boletines/2025/inpc/inpc_2q2025_09.pdf) INEGI. After [easing in June](https://mexiconewsdaily.com/business/inflation-eases-in-june/) and [July](https://www.reuters.com/world/americas/mexicos-inflation-slows-july-central-bank-set-deliver-fresh-rate-cut-2025-08-07/), the consumer price index (INPC) accelerated by 0.06% from July to August, though still roughly in line with market expectations. ![lonchería](https://mexiconewsdaily.com/wp-content/uploads/2025/09/827451_Inflacion-precios-de-insumos_impreso.jpg) Small eateries, such as loncherías, fondas, torterías and taquerías, felt a small amount of inflationary pressure during August. (Cuartoscuro) In August 2024 — the final month of the López Obrador administration — monthly inflation was a mere 0.01% while annualized inflation sat at 4.99%. The increase this August was driven by rising prices in several key consumer categories, including serrano chilies (+34.94%), green tomatoes (+16.71%), onions (6.33%) and beef (+0.67%). Also contributing were higher costs for housing and utilities (0.27%) and price hikes in services such as universities (+1.34%) and small restaurants — eateries known locally as loncherías, fondas and taquerías (+0.63%). In contrast, prices for avocados (–7.36%), chicken (–4.62%), bananas (–5.23), tomatoes (–11.46%), air freight (–9.76%) and movie theaters (–11%) declined considerably. Data showed that core inflation — which excludes volatile items like food and energy prices to assess underlying, long-term inflation trends — climbed 0.22% in August (just as it did in August a year ago), remaining stable at 4.23% on the year. Analysts had forecast an annual core inflation rate of 4.21%. The inflation rebound in August not only indicates persistent underlying price pressures, as [noted by Moody’s analyst Alfredo Coutiño](https://x.com/AlfredoCoutino/status/1965391231602885061), but also highlights the delicate balance between controlling inflation and stimulating the economy as Mexico continues its post-pandemic recovery. [![](https://mexiconewsdaily.com/wp-content/uploads/2026/02/Banner-728x90px-1.png)](https://mexiconewsdaily.com/register/?level_id=8) Even so, the latest data suggests that inflation remains within the Bank of Mexico’s target range of 3% (plus or minus 1%). This suggests the central bank may proceed with a 25-basis-point rate cut at its next meeting on Sept. 25, continuing its monetary easing strategy by lowering the benchmark rate to 7.5%. In the 2026 budget proposal [submitted by the Finance Ministry late Monday](https://mexiconewsdaily.com/news/finance-ministry-2026-budget-18-percent-increase-welfare-spending/), inflation for year-end 2026 was forecast at 3%. This would meet the target set by the Bank of Mexico, which projects inflation converging to the target in the third quarter of next year. *With reports from* [*El Economista*](https://www.eleconomista.com.mx/economia/inflacion-mexico-acelero-3-57-agosto-20250909-776384.html)*,* [*La Jornada*](https://www.jornada.com.mx/noticia/2025/09/09/economia/sube-inflacion-a-357-en-agosto-impulsada-por-alza-en-carnes-y-verduras) *and* [*El Financiero*](https://www.elfinanciero.com.mx/economia/2025/09/09/inflacion-en-mexico-pisa-el-acelerador-se-ubica-en-357-en-agosto-mas-de-lo-esperado/)
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