Overview of Price Changes in Products and Services
In October 2025, the general annual inflation rate in Mexico stood at 3.57%, a decrease from the 4.76% reported in the same month last year, according to INEGI.
How did various products and services fare in October? The National Consumer Price Index (INPC) reported that the general annual inflation rate was 3.57%, a decrease from the previous year’s same period of 4.76%. Electric and air transport pushed inflation upwards, while poultry and certain vegetables saw a decline.
Key Price Changes
- Electricity, housing: increased prices
- Air transport: increased prices
- Poultry, potatoes, and other tubers: decreased prices
- Tomatoes, avocados, tomatoes verde, jalapeño peppers, lemons, bananas: decreased prices
Energy Prices Under the Microscope
According to an analysis by México, ¿Cómo Vamos?, in October 2025, the annual variation in electricity prices was 5.07%, a decrease from the previous month’s 5.45%.
The annual variation in the price of magna gasoline was -1.2%, down from -1.36% in the previous month.
The annual variation in the price of liquefied petroleum gas (LP) was 4.38%, an increase from the previous month’s 1.39%.
The rise in electricity prices was attributed to the termination of the warm season electric tariff program in several cities, including Mérida, Monterrey, Acapulco, Torreón, Veracruz, Villahermosa, Tampico, Monclova, Chetumal, Iguala, Tepic, San Andrés Tuxtla, Campeche, Tehuantepec, Cd. Acuña, Cancún, Coatzacoalcos, and Tuxtla Gutiérrez.
Food and Legumes: Current Status
Regarding food, the index increased by 2.14% annually in October 2025.
Various foods have stabilized, and significant decreases were observed in fruits and vegetables. However, central foods in the Mexican diet, such as beef, jalapeño peppers, milk, and coffee, have shown an upward trend.
- Beef price variation: 18.91% annually, 1.1% in the last month
- Chicken price decreased by (-)1.3% in the last month but is 5.3% higher than a year ago
- Jalapeño pepper annual variation: 21.27%, decreased by (-)8.5% in the last month
- Milk annual variation: 8.58%, remained the same as the previous month
- Chocolate annual variation: 11.57%
- Coffee annual variation: 24.64%
- Packaged juices annual variation: 7.33%
- Sweet bread annual variation: 6.86%
Key Questions and Answers
- What factors contributed to the changes in inflation rates? Electricity and air transport prices increased, while poultry and certain vegetables saw decreases.
- What happened to energy prices? Electricity prices increased by 5.07% annually, while gasoline prices decreased by 1.2% annually. LP gas prices increased by 4.38% annually.
- How did food prices change? The food index increased by 2.14% annually, with stabilized prices in various foods and decreases in fruits and vegetables. Central dietary foods like beef, jalapeño peppers, milk, and coffee showed an upward trend.