Mexicans’ pockets continue to suffer from skyrocketing inflation due to the rise in prices for some basic staples, such as tomatoes and chicken, making even preparing a Mexican dish difficult for some consumers.
According to the National Institute of Statistics and Geography (INEGI) , the National Consumer Price Index (INPC) , which measures the variation in prices of a basket of goods and services, stood at 4.42% in May 2025 compared to its annual comparison.
With this result in the fifth month of the year, the INPC had an increase for the fourth consecutive month at an annual rate , which is the highest record since November 2024, when it reached 4.55 percent.
In the reference period, the National Consumer Price Index reported a monthly increase of 0.28% , while the underlying price index , which excludes goods and services with more volatile prices or that do not respond to market conditions, increased 0.30% on a monthly basis, with an increase in the price of merchandise of 0.35% and of services of 0.24 percent .
The non-core price index , on a monthly basis, rose 0.23 percent . Domestically, prices for agricultural products rose 3.48 percent , and those for energy and government-authorized tariffs fell 2.12 percent .
Papaya , with 20.13%; chicken , with 10.62%; tomato , with 10.03%; potato and other tubers , with 6.92%; and beef , with 1.78%, were the products that saw the greatest increases during the period.
Meanwhile, the products that showed a price decrease in May 2025 were electricity , with 18.45%; lemons , with 10.48%; air transportation , with 7.58%; other fruits , with 3.48%; and eggs , with 0.54%.
The National Institute of Statistics and Geography (INEGI) indicated that among the states with the largest increases in the National Institute of Statistics and Geography (INPC) were Tabasco, with 1.06 percent; Hidalgo, with 1.03 percent; and Oaxaca, with 1.01 percent.
In turn, Sonora, Sinaloa, Baja California Sur, and Baja California were among the states with variations below the national average, with decreases of 2.89%, 2.56%, 1.35%, and 1.14%, respectively.
The inflationary scenario in Mexico is part of the complex situation facing the national economy, also stemming from the uncertainty surrounding global tariffs.
The INPC has been on the rise. Last April, this indicator stood at 3.93% , and in the first half of May, it reached 4.22% .
On May 28, the Bank of Mexico (Banxico) , in its Quarterly Report, lowered its economic growth forecast for the country from 0.6% to 0.1% for 2025.
Among its estimates, the central bank reiterated that its 3% inflation target could be reached by the third quarter of 2026 , reflecting the current complex economic environment, which is likely to extend into next year.
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