Key Product Increases and Decreases in Early September 2025
In the first half of September 2025, primary school education, university, and homeownership stood out for their influence on overall inflation, with price increases. Conversely, professional services, potatoes and other tubers, and avocados experienced price reductions.
The National Institute of Statistics and Geography (INEGI) reported that the National Consumer Price Index (INPC) reached 141.181 in the first 15 days of September 2025, marking a 0.18% increase compared to the previous quarter.
Products and Services with Notable Price Declines
- Professional services (-15.31%)
- Potatoes and other tubers (-4.29%)
- Avocado (-5.94%)
- Oranges (-4.66%)
- Lettuce and endive (-5.01%)
- Egg (-0.66%)
- Tomato (-1.40%)
- Domestic LP gas (-0.52%)
- Tequila (-2.80%)
- Air transportation (-3.37%)
Year-End Outlook
Banamex analysts predict that inflation will continue to rise slightly in the remainder of 2025, although they anticipate a decrease in the underlying component. Their estimates suggest that annual general inflation will close the year at 4.0%, while the underlying component is expected to be 3.9%. For 2026, they forecast these figures to reach 4.3% and 4.2%, respectively, according to Banamex’s Economic Studies team.
Key Questions and Answers
- Which products significantly impacted inflation in early September 2025? Primary school education, university, and homeownership saw notable price increases.
- What products experienced price reductions during the same period? Professional services, potatoes and other tubers, avocados, oranges, lettuce and endive, eggs, tomatoes, domestic LP gas, tequila, and air transportation all reported price declines.
- What are Banamex analysts’ predictions for inflation in the remaining months of 2025? They expect a slight rise in overall inflation but a decrease in the underlying component, with annual general inflation projected at 4.0% and the underlying component at 3.9%.
- What are Banamex’s inflation forecasts for 2026? They predict annual general inflation to reach 4.3% and the underlying component to be 4.2%.
