FX.co ★ Mexico’s Mid-February Inflation Eases Slightly as 1st Half-Month CPI Slows to 0.25%

Mexico’s consumer inflation showed a modest deceleration in mid-February, with the 1st half-month Consumer Price Index (CPI) rising 0.25% in February 2026, down from a 0.31% increase recorded in the first half of January 2026. The latest data were updated on 24 February 2026.

The softer reading suggests a slight cooling in price pressures compared with the start of the year. While the slowdown from 0.31% to 0.25% is not dramatic, it may be viewed by market participants and policymakers as a tentative sign that inflation momentum is easing at the margin after January’s higher print.

With investors closely monitoring the inflation path for clues on future monetary policy decisions, the February 1st half-month CPI outcome will likely feed into expectations around the timing and depth of any potential adjustments in Mexico’s interest rate stance in the coming months.