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The economy expanded 2.3% in December, indicating annual growth below 1%

Mexico's economy grew 2.3% year-on-year in December with inflation at 3.69%, the lowest year-end level in five years, while core inflation remains at 4.47%, Banxico said.

  • On Wednesday, INEGI reported Mexico's economy grew 2.3% year-on-year in December and 0.2% versus November, publishing preliminary, seasonally adjusted data and updating November figures.
  • INEGI's sector breakdown shows Mexico's secondary sector grew 1.2% annually while Gabriela Siller, director of economic analysis at Banco Base, said 2025 growth slowed to 0.65% from 1.5% in 2024.
  • Recent data show core inflation at 4.47% and headline inflation rose to 3.77% in early January after December end-of-year reading of 3.69%.
  • With policymakers meeting on Feb. 5, Banxico's benchmark interest rate at 7% and mixed inflation data complicate the pace of interest-rate cuts.
  • Households face regional INEGI price swings as cigarettes and bottled soft drinks rise, while air transport, eggs, and LPG gas fall, with inflation re-accelerating at the start of 2026.
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27 Articles

Lean Left

The increase in prices linked to the beginning of the year permeates the pocket of Mexicans. Inflation has resumed its upward path and has accelerated to 3.77% at annual rate, according to the most recent report published on Thursday by the National Institute of Statistics and Geography (Inegi). During the first fortnight of the year, the National Consumer Price Index (INPC), recorded an increase of 0.31% over the previous fortnight and above th…

·Spain
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Lean Left

The general annual inflation of the first half of January 2026 reached 3.77%, reported the National Institute of Statistics and Geography (Inegi).In the first half of January 2026, the National Consumer Price Index (INPC) increased by 0.31% compared to the previous fortnight, which was reported by 3.69%.Annual inflation in the first half of January 2026 reached 3.77%.INPC, a measure of the average change in products from the basket of goods and …

Lean Right

The Mexican economy showed signs of acceleration at the end of last year and would have grown 2.3 percent in December, which would be the most dynamic since March 2024, driven by the services sector.According to the INEGI Economic Activity Opportunity Indicator (IOAE), services grew 2.9 percent in the last month of 2025, while industrial activity progressed at a rate of 1.2 percent.Arturo Vieyra, chief economist at Grupo Coppel, indicated that t…

·Mexico
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Inflation in the first half of January reached 3.77%: INEGI. Inflation in Mexico began 2016 with signs of stability and less pressure on consumer prices. According to the National Institute of Statistics and Geography (INEGI), annual inflation in the first half of January reached 3.77%, a figure that remains within the Bank of Mexico's target range and represents a more favorable environment compared to years of greater price volatility.

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Vanguardia broke the news in on Wednesday, January 21, 2026.
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