# Mexico inflation trends in August 2026

> Live situation record from CLSTR: https://clstr.news/situations/mexico-inflation-trends-in-august-2026
> Updated: 2026-09-11T23:46:19.000Z. Sources: 20. Developments: 3.

Mexico experienced an upward trend in inflation during August 2026, breaking a four-month period of deceleration. National annual inflation rose to 3.26%, which represents a decrease from the 3.57% recorded in August 2025. Data from the National Institute of Statistics and Geography (INEGI) indicates that the year-to-date accumulated inflation for 2026 stands at 3.3%.

The monthly Consumer Price Index (CPI) increased by 0.20% compared to July. This uptick was primarily driven by food prices, with significant increases recorded for onions (32.70%), serrano chili (19.61%), lemon (11.17%), and eggs (8.91%). In Saltillo, Coahuila, local inflation reached 0.34% in the first half of August, driven by school year costs and transport. Sectoral analysis shows education saw a 6.0% increase, while food, beverages, and tobacco rose by 4.7%. Conversely, the energy and agricultural sectors experienced a 1.5% decrease, and potatoes saw a price drop of 10.7%.

Despite the rise in general inflation, core inflation—excluding volatile energy and fresh food items—showed a continued decline, falling to 3.88% from 3.95% in July. This remains within the Bank of Mexico’s target range of 3% plus or minus one percentage point. 

Economic projections from the IMEF Monthly Survey of Economic Expectations slightly increased the 2026 real GDP growth estimate to 1.3% from 1.2%. The inflation estimate for 2026 remains at 4.0%, with the monetary policy rate expected to end the year at 6.50%. The IMEF also projects a 2026 exchange rate of approximately 17.60 pesos.

## Timeline

### 2026-09-11: Mexico inflation falls to 3.26% in August 2026

Mexico's annual inflation fell to 3.26% in August 2026, while IMEF slightly raised its 2026 GDP growth forecast to 1.3%.

2 sources. https://clstr.news/cluster/mexico-inflation-falls-to-326-in-august-2026

### 2026-09-08: Mexico inflation rises to 3.26% in August

Mexico's annual inflation rose to 3.26% in August, driven by sharp increases in food prices like onion and eggs, ending a four-month downward trend despite a decline in core inflation.

18 sources. https://clstr.news/cluster/spain-inflation-rises-to-36-amid-record-energy-sector-profits

### 2026-08-24: Saltillo records high inflation rate compared to national average

Saltillo recorded a 0.34 percent inflation rate in the first half of August 2026, significantly outpacing Mexico's national average of 0.10 percent due to rising food and education costs.

3 sources. https://clstr.news/cluster/saltillo-records-high-inflation-rate-compared-to-national-average

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Cite as: Mexico inflation trends in August 2026. CLSTR, https://clstr.news/situations/mexico-inflation-trends-in-august-2026