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2026.04.0912:25:27UTC+00Mexico's Inflation Hits 19-Month High

Mexico’s annual inflation rate climbed to 4.59% in March 2026 from 4.02% in February, marking its highest level since August 2024, though it came in just below market expectations of 4.61%. The increase was driven primarily by food and non-alcoholic beverages, which rose 6.91%, followed by alcoholic beverages and tobacco at 8.05%, and restaurants and lodging at 7.16%. Healthcare costs increased 5.43%, education 5.94%, personal care and miscellaneous goods 5.52%, and insurance and financial services 4.36%. Against the backdrop of the Middle East oil supply crisis, energy prices advanced 2.21% and transport costs 2.62%. The only category to register deflation was information and communication, which declined 0.84%. On a monthly basis, consumer prices increased 0.86%.

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