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Home Economy

Unstoppable! Inflation continues to rise in the first half of June

During the period, the INPC stood at 4.51% annually, according to INEGI.

T21 Media by T21 Media
24 June, 2025
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Mexicans’ pockets continue to suffer from rising prices for goods, services, and consumer products, which has led to rising inflation, primarily due to the increased cost of some basic staples, such as beef and pork.

In the first half of June 2025, the  National Consumer Price Index (INPC) , which measures the variation in prices of a basket of goods and services, stood at  4.51%  at an annual rate, the  National Institute of Statistics and Geography (INEGI) reported this Tuesday .

The increase in prices during the first 15 days of June represented a 0.10% increase compared to the previous two weeks; while the  core price index , which excludes goods and services with more volatile prices or those that don’t respond to market conditions, increased  0.22% on a two-weekly basis, with merchandise prices up 0.19% and services up 0.25%.

Also on a biweekly basis, the non-core price index decreased 0.29 percent . Within this index, fruit and vegetable prices fell 1.72 percent and energy prices fell 0.23 percent.

Source: Inegi

Among the products that saw the largest price increases during the period were air transport , up 9.87 percent; carrots , up 8.20 percent; pork , up 1.15 percent; and beef , up 0.71 percent.

On the other hand, poblano peppers saw a 13.24% drop in price; guava prices fell 10.35%; lemon prices fell 5.67%; and tomato prices fell 2.97%.

Source: Inegi

Among the states with the largest increases in the National Consumer Price Index (NCPI) are Querétaro, with 0.42%; Chiapas, with 0.34%; Baja California, with 0.31%; and Oaxaca, with 0.25%.

Tlaxcala, Sinaloa, the State of Mexico, and Tabasco showed variations below the national average, with decreases of 0.31%, 0.24%, 0.17%, and 0.09%, respectively.

The perception of a significant economic outlook in Mexico due to the uncertainty generated by the U.S. tariff war has created a cautious consumer environment, which is exacerbated by the country’s inflationary context so far this year.

The INPC has recorded consecutive increases in 2025: in the first half of May it stood at 4.22%, while the fifth month of the year closed at 4.42% compared to its annual comparison.

The figure for the first half of June is above the Bank of Mexico’s (Banxico) 3% target , announced in its quarterly report.

Comment and follow us on X:  @GrupoT21

Tags: BanxicoINEGI INFLATIONINPCNATIONAL CONSUMER PRICE INDEX

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