Mexico Inflation Accelerates in August

Mexico’s annual inflation rate accelerated to 3.57% in August 2025 from 3.51% in July, in line with market expectations. Price increases were recorded in twelve of the thirteen product categories, led by restaurants and lodging (7.62%), personal care and diverse goods (5.68%), educational services (5.34%), healthcare (4.91%), and food and non-alcoholic beverages (3.10%). Housing and utilities rose 3.57%, while alcoholic beverages and tobacco gained 4.06%. The only decline came from insurances and financial services (-0.06%). On a monthly basis, inflation eased to 0.06% from 0.27% in the prior month.Meanwhile, the annual core inflation rate steadied at 4.23%, the same as in July and compared to forecasts of 4.21%