--- title: "Mexico Economic Indicators: GDP, CPI" description: "Mexico Economic Indicators for investors: GDP, inflation, employment, trade balance and more. What each indicator measures, when it is released." canonical: https://www.getswoopr.com/macro-economics-market-regimes/indicators/international/mexico/ source: "Swoopr Investment: https://www.getswoopr.com" --- ## Direct Answer > Mexico economic indicators come mainly from INEGI, the national statistics institute, which publishes inflation, GDP, employment, trade and activity data, and from Banco de México, which sets the policy rate and publishes remittances. The releases that most often move rates or the peso are the fortnightly and monthly consumer price index, the quarterly GDP estimates and the central bank's eight scheduled policy announcements a year. # Mexico Economic Indicators: Investor Reference This hub covers the major economic indicators released for this country. Each linked indicator page explains what the measure tracks, how it is calculated, when it is released, and how investors interpret changes in the data. See the [international indicators hub](https://www.getswoopr.com/macro-economics-market-regimes/indicators/international/) for other countries, or the [full economic indicators hub](https://www.getswoopr.com/macro-economics-market-regimes/indicators/) for all 15 categories. ## Who publishes Mexico's economic data? INEGI publishes most of the series the hub links: the INPC consumer price index with its core component, quarterly GDP and a timely estimate of it, the monthly IGAE activity indicator, industrial activity, retail trade, the ENOE labor survey and the merchandise trade balance. Consumer confidence is released jointly by INEGI and Banco de México. Banco de México also publishes remittances monthly, on the first banking business day of the month at 9:00. Inflation is released twice a month, GDP quarterly and most other series monthly. ## Mexico indicators at a glance | Indicator | What it measures | Published by | Frequency | | --- | --- | --- | --- | | [Banxico Policy Rate](https://www.getswoopr.com/macro-economics-market-regimes/indicators/international/mexico/banxico-policy-rate/) | the overnight interbank rate target set by the Bank of Mexico | Banco de Mexico | Irregular | | [Mexico Consumer Confidence](https://www.getswoopr.com/macro-economics-market-regimes/indicators/international/mexico/mexico-consumer-confidence/) | how confident Mexican households are about their finances and the economy | National Institute of Statistics and Geography of Mexico | Monthly | | [Mexico Core CPI](https://www.getswoopr.com/macro-economics-market-regimes/indicators/international/mexico/mexico-core-cpi/) | underlying consumer price inflation in Mexico | National Institute of Statistics and Geography of Mexico | Twice monthly | | [Mexico CPI](https://www.getswoopr.com/macro-economics-market-regimes/indicators/international/mexico/mexico-cpi/) | consumer price inflation in Mexico | National Institute of Statistics and Geography of Mexico | Twice monthly | | [Mexico GDP](https://www.getswoopr.com/macro-economics-market-regimes/indicators/international/mexico/mexico-gdp/) | the inflation-adjusted output of the Mexican economy | National Institute of Statistics and Geography of Mexico | Quarterly | | [Mexico Industrial Production](https://www.getswoopr.com/macro-economics-market-regimes/indicators/international/mexico/mexico-industrial-production/) | monthly output across Mexican industry | National Institute of Statistics and Geography of Mexico | Monthly | | [Mexico Remittances](https://www.getswoopr.com/macro-economics-market-regimes/indicators/international/mexico/mexico-remittances/) | money sent home by Mexicans working abroad | Banco de Mexico | Monthly | | [Mexico Retail Sales](https://www.getswoopr.com/macro-economics-market-regimes/indicators/international/mexico/mexico-retail-sales/) | the volume of retail sales in Mexico | National Institute of Statistics and Geography of Mexico | Monthly | | [Mexico Trade Balance](https://www.getswoopr.com/macro-economics-market-regimes/indicators/international/mexico/mexico-trade-balance/) | the gap between Mexico's merchandise exports and imports | National Institute of Statistics and Geography of Mexico | Monthly | | [Mexico Unemployment](https://www.getswoopr.com/macro-economics-market-regimes/indicators/international/mexico/mexico-unemployment/) | the share of Mexico's labour force without work and seeking it | National Institute of Statistics and Geography of Mexico | Monthly | Each row comes from the same source file as the indicator page it links, so the publisher and frequency here match that page. ## How does Mexico's central bank set policy? Banco de México is the autonomous central bank. Under the Constitution its main objective is the stability of the purchasing power of the national currency, which it pursues with a permanent 3% annual inflation target for the INPC and a variability interval of plus or minus one percentage point. Its instrument is the target for the overnight interbank interest rate, decided by the Governing Board. Decisions come in a monetary policy statement on eight scheduled Thursdays a year at 1:00 PM CST, with minutes two weeks later, and the bank reserves the right to act on other dates in extraordinary events. ## What is different about Mexico's data? - INEGI publishes the INPC every fortnight: a bulletin for the first half of the month with the fortnightly and annual change, and a monthly bulletin that includes the second fortnight. A fortnightly change and a monthly change are different measures, so compare like with like. - INEGI's core index excludes goods and services with high volatility or whose prices do not respond to market conditions. The non-core index holds agricultural products and energy plus government-authorized tariffs, so produce and fuel swings move headline inflation without moving core. - INEGI's timely GDP estimate arrives 30 days after the quarter ends, built from available statistics and econometric models, and INEGI states it does not replace the traditional estimate. The monthly IOAE nowcasts the IGAE about three weeks after the month, against eight weeks for the IGAE itself. - The ENOE unemployment rate is the unemployed share of the economically active population. The same bulletin reports an informality rate that counts workers in unregistered micro-businesses or without social security, so a low unemployment rate does not describe job quality. - Two external-sector releases are provisional by design: INEGI's trade balance bulletin carries timely figures prepared with SAT, the Ministry of Economy and Banco de México, and the cash and in-kind part of Banco de México's remittance figures is a preliminary estimate revised quarterly. ## Which Mexico releases should you read first? Read Banco de México's policy statement first for the rate stance and its inflation forecasts, then the INPC with its core component for the underlying trend. The IGAE, industrial activity and retail sales cover monthly activity, quarterly GDP gives the wider picture, and the ENOE and remittances add labor and household income context. ## Frequently Asked Questions What are the main Mexico economic indicators? The main Mexico economic indicators are the INPC consumer price index, GDP, the IGAE activity indicator, industrial production, retail sales, the ENOE unemployment rate and the trade balance from INEGI, plus the Banco de México policy rate and remittances. How often is Mexico's inflation published? INEGI publishes the INPC twice a month: a fortnightly bulletin for the first half of the month and a monthly bulletin that includes the second fortnight. Each reports the period change, the annual change and the core and non-core components. What is Banco de México's inflation target? Banco de México's permanent target is 3% annual inflation measured by the INPC, with a variability interval of plus or minus one percentage point around it, as set out in its Monetary Policy Program. ## References - [Banco de México: Monetary Policy Program for 2019](https://www.banxico.org.mx/publications-and-press/monetary-policy-programs/%7B8712A1DE-8FDC-D76C-2754-C8B95D8646DB%7D.pdf) - [Banco de México: Calendar of monetary policy decision press releases, minutes, quarterly reports and financial stability reports](https://www.banxico.org.mx/monetary-policy/d/%7B0C35369C-BF8F-E5A8-7710-FD5A6716474F%7D.pdf) - [INEGI: Boletín de indicador 605/26: Índice Nacional de Precios al Consumidor (INPC), primera quincena](https://www.inegi.org.mx/contenidos/saladeprensa/boletines/2026/inpc/inpc_1q2026_09.pdf) - [INEGI: Boletín de indicador 470/26: Estimación Oportuna del Producto Interno Bruto Trimestral (EOPIBT)](https://www.inegi.org.mx/contenidos/saladeprensa/boletines/2026/pibo/pib_eo2026_07.pdf) - [INEGI: Boletín de indicador 606/26: Encuesta Nacional de Ocupación y Empleo (ENOE)](https://www.inegi.org.mx/contenidos/saladeprensa/boletines/2026/iooe/IOE2026_09.pdf) **[Swoopr Editorial Team](https://www.getswoopr.com/authors/swoopr-editorial-team/)** Swoopr Investment's editorial team produces independent education and research content on economic indicators, market analysis, and investment strategy. 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