After a tense start to the year, inflation in Mexico moderated slightly in the first half of April 2026, reaching 4.53% year-on-year , which implied an increase of 0.11% compared to the previous two weeks, according to the National Consumer Price Index (INPC) of the National Institute of Statistics and Geography (Inegi) .

The core component —which excludes goods and services with volatile prices— increased 0.18% on a biweekly basis, with a 0.25% increase in goods prices and a 0.12% increase in services prices.

The  non-core price index —which includes goods and services whose prices are subject to fluctuations—fell 0.13% on a bi-weekly basis. Within this index, fruit and vegetable prices rose 4.29%, while energy and regulated tariff prices fell 1.34% on a bi-weekly basis, due to the implementation of the summer electricity tariff scheme in 18 cities across the country.

Tomato press basic basket

The generic products that registered the largest price increases with impact on general inflation in the period were tomatoes with an increase of 24.37%, poblano peppers with 22.63%, serrano peppers with 21.94%, onions with 7.43%, and potatoes and other tubers with 6.92% at a bi-weekly rate.

Conversely, green tomatoes were the product that decreased the most with a drop of 26.86%, followed by zucchini with a drop of 14.92%, electricity with 14%, air transport with 11.65% and eggs with a decrease of 2.59% fortnightly.

In the analysis by state, Durango led the bi-weekly variations, exceeding the national average. Jalisco and Chihuahua followed. Meanwhile, the states that reported the smallest increases in the first half of April were Tabasco, Quintana Roo, and Yucatán.

Although the INPC (National Consumer Price Index) showed a slight decrease in the first half of April, inflation continues to put pressure on Mexicans’ wallets, as basic food items such as tomatoes and chili peppers have shown a greater increase in the reference cycle.

This dynamic is also reflected in the Minimum Consumption Basket Price Index, which  registered an annual increase of 4.73%, higher than the 3.75% of the same period in 2025.

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