MXN live macro board

Mexico Macro Data Board

Mexican peso — the most liquid Latin American currency and a popular EM carry play.

The Mexican peso (MXN) is the official currency of Mexico and the most-traded currency in Latin America. It is closely tied to the US economy through the USMCA trade agreement and is a popular carry-trade currency thanks to elevated domestic interest rates.

Mexico release calendar

Upcoming and recent macro events for the MXN country view.

Top tier
Central Bank Policy Rate Banco de Mexico monetary policy calendar

Policy Rate

Latest
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Prior
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Top tier
Central Bank Policy Rate Banco de Mexico monetary policy calendar

Policy Rate

Latest
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Prior
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Top tier
Central Bank Policy Rate Banco de Mexico monetary policy calendar

Policy Rate

Latest
--
Prior
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Top tier
Central Bank Policy Rate Banco de Mexico monetary policy calendar

Policy Rate

Latest
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Prior
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MXN currency market profile

Core identifiers, trading context, and product links for the MXN market.

Currency code
MXN

Mexican Peso

Policy institution
Banco de México

Primary central-bank or monetary authority reference.

Primary USD pair
USD/MXN

Fast path into the FX pair dashboard and market profile.

Trading session
New York

Approximate primary liquidity window used across FXMacroData pages.

Symbol
Mex$

Display symbol used in product surfaces.

Also known as
peso

Common market shorthand where available.

Mexico macro brief

The highest-signal pages for Mexico include Central Bank Policy Rate, Inflation Rate (CPI/HICP), Core Inflation, Producer Price Index (PPI), with each page linking back to the source metadata, release history, and API endpoint.

The Banco de México (Banxico) sets the overnight target rate at eight scheduled decisions per year. Mexico targets 3% CPI inflation with a ±1 percentage-point tolerance band, and Banxico publishes quarterly Inflation Reports.

For MXN research, combine the country-level release map with the USD/MXN dashboard, release calendar, and API reference so macro events, source metadata, and FX context stay connected.

The pages below are organized by indicator rather than API route. That keeps the public website useful for research while still preserving the versioned API contract for developers.

What to watch
  • Banxico interest-rate decision and meeting minutes.
  • Bi-weekly INPC inflation update.
  • Monthly remittance flows from Banxico.
  • US economic data — Mexico's largest trading partner.
  • USD/MXN spot and Mexican Treasury (Cetes) yields.

Mexico source map

Publisher groups represented in the checked-in coverage catalogue for this market.

Banco de Mexico 14 series
INEGI 12 series
Central Bank 2 series
INEGI / Banco de Mexico 1 series
BIS 1 series

Mexico coverage by category

The country hub keeps rate, inflation, labour, growth, trade, credit, and market data grouped into the same reusable structure across countries.

Economy 0 / 10
Labor Market 0 / 5
Money & Credit 0 / 3
Monetary Policy 0 / 3
Government Bond Yields 0 / 5
Additional Indicators 0 / 4

Key Mexico indicators

Highest-signal tracked releases for rates, inflation, growth, labour markets, and external balances.

Central Bank Policy Rate

Primary interest rate set by the Central Bank.

Tracked in catalogue Event % Starts pending Monetary Policy
Detailed page pending

Inflation Rate (CPI/HICP)

Headline inflation: the year-over-year percentage change in the Consumer Price Index (CPI), the standard measure central banks target.

Tracked in catalogue Monthly %YoY Starts pending Economy
Detailed page pending

Core Inflation

CPI excluding volatile items like food and energy.

Tracked in catalogue Monthly %YoY Starts pending Economy
Detailed page pending

Producer Price Index (PPI)

Measures the average change over time in the selling prices received by domestic producers for their output.

Tracked in catalogue Monthly %YoY Starts pending Economy
Detailed page pending

Gross Domestic Product (GDP) Growth

GDP growth: the quarterly change in the inflation-adjusted value of all goods and services produced in the economy.

Tracked in catalogue Quarterly %QoQ Starts pending Economy
Detailed page pending

Unemployment Rate

Percentage of the labor force that is unemployed.

Tracked in catalogue Monthly % Starts pending Labor Market
Detailed page pending

Trade Balance

The difference between the value of a country's exports and imports.

Tracked in catalogue Monthly USD mn Starts pending Economy
Detailed page pending

Retail Sales

Measures change in the total value of sales at the retail level.

Tracked in catalogue Monthly % Starts pending Economy
Detailed page pending

Published Mexico indicator pages

Filter by indicator name, source, cadence, or category.

Published country-indicator pages are still being prepared for MXN. The catalogue coverage below keeps the market context discoverable while detailed endpoint pages are enabled.

Tracked Mexico data catalogue

Coverage families already represented in the FXMacroData catalogue, including pages whose detailed docs are still pending.

Economy 10 tracked

Business Confidence

Survey-based measure of business executives' outlook on economic conditions, production, and investment plans.

Tracked in catalogue Monthly INEGI Starts pending

Consumer Confidence

Survey-based measure of consumers' confidence in economic conditions, employment prospects, and personal finances.

Tracked in catalogue Monthly INEGI Starts pending

Core Inflation

CPI excluding volatile items like food and energy.

Tracked in catalogue Monthly INEGI Starts pending

Current Account Balance

Measures trade in goods and services and income flows.

Tracked in catalogue Quarterly Banco de Mexico Starts pending

Gross Domestic Product (GDP) Growth

GDP growth: the quarterly change in the inflation-adjusted value of all goods and services produced in the economy.

Tracked in catalogue Quarterly INEGI Starts pending

Inflation Rate (CPI/HICP)

Headline inflation: the year-over-year percentage change in the Consumer Price Index (CPI), the standard measure central banks target.

Tracked in catalogue Monthly INEGI Starts pending

Producer Price Index (PPI)

Measures the average change over time in the selling prices received by domestic producers for their output.

Tracked in catalogue Monthly INEGI Starts pending

Retail Sales

Measures change in the total value of sales at the retail level.

Tracked in catalogue Monthly INEGI Starts pending

Trade Balance

The difference between the value of a country's exports and imports.

Tracked in catalogue Monthly INEGI / Banco de Mexico Starts pending

Trade-Weighted Index (NEER)

Nominal Effective Exchange Rate (NEER) measuring the value of a currency relative to a basket of trading partners' currencies, weighted by trade volumes. Published monthly by the BIS.

Tracked in catalogue Monthly BIS Starts pending
Labor Market 5 tracked

Employment Level

Total number of employed persons.

Tracked in catalogue Monthly INEGI Starts pending

Full-Time Employment

Number of persons employed full-time.

Tracked in catalogue Monthly INEGI Starts pending

Part-Time Employment

Number of persons employed part-time.

Tracked in catalogue Monthly INEGI Starts pending

Labor Force Participation Rate

Ratio of the labor force to the working-age population.

Tracked in catalogue Monthly INEGI Starts pending

Unemployment Rate

Percentage of the labor force that is unemployed.

Tracked in catalogue Monthly INEGI Starts pending
Money & Credit 3 tracked

Narrow Money (M1)

Currency in circulation + transaction deposits. RBNZ column A.

Tracked in catalogue Monthly Banco de Mexico Starts pending

M2 Money Supply

M1 + savings deposits (on-call). RBNZ derived: column A + B1.

Tracked in catalogue Monthly Banco de Mexico Starts pending

Broad Money (M3)

M1 + savings + term deposits. RBNZ column A+B (broadest aggregate).

Tracked in catalogue Monthly Banco de Mexico Starts pending
Monetary Policy 3 tracked

Foreign Exchange Reserves

Assets held by the central bank in foreign currencies, used to support the exchange rate and manage monetary policy. Key indicator of a country's external financial position.

Tracked in catalogue Weekly Banco de Mexico Starts pending

Central Bank Policy Rate

Primary interest rate set by the Central Bank.

Tracked in catalogue Event Banco de Mexico Starts pending

Risk Free Rate

Overnight lending rate between banks.

Tracked in catalogue Daily Banco de Mexico Starts pending
Government Bond Yields 5 tracked

10-Year Government Bond Yield

Tracked in catalogue Daily Banco de Mexico Starts pending

2-Year Government Bond Yield

Tracked in catalogue Daily Banco de Mexico Starts pending

3-Year Government Bond Yield

Tracked in catalogue Daily Banco de Mexico Starts pending

5-Year Government Bond Yield

Tracked in catalogue Daily Banco de Mexico Starts pending

Inflation-Linked Bond Yield

Tracked in catalogue Daily Banco de Mexico Starts pending
Additional Indicators 4 tracked

Central Bank Reserves - Domestic Currency

Tracked in catalogue Monthly Central Bank Starts pending

Central Bank Reserves - Foreign Currency

Tracked in catalogue Weekly Banco de Mexico Starts pending

Central Bank Reserves - Gold

Tracked in catalogue Monthly Central Bank Starts pending

FX Reserves

Indicator validated by integration tests.

Tracked in catalogue Weekly Banco de Mexico Starts pending

MXN market drivers

Evergreen macro forces to keep beside the country data table.

Driver 1

Banxico target rate and Quarterly Inflation Report.

Driver 2

Mexico CPI, core CPI, and bi-weekly INPC reading.

Driver 3

US ISM, retail sales, and industrial production.

Driver 4

Remittances from the US (a major inflow into Mexico).

Driver 5

Crude oil prices and Pemex export volumes.

Driver 6

USMCA / trade-policy news and US-Mexico political relationship.

MXN questions traders ask

Currency-specific context that helps interpret the country data before moving into endpoints or dashboards.

Why is the Mexican peso a popular carry trade?

Mexico maintains relatively high real interest rates, deep local Cetes and Mbono markets, and a credible inflation-targeting central bank. These factors have historically attracted carry-trade flows seeking yield, particularly during periods of low global volatility.

How dependent is the peso on the US economy?

Roughly 80% of Mexico's goods exports go to the United States, and remittances from US-based workers represent a large share of household income. US growth and trade policy are therefore primary drivers of MXN.

What inflation target does Banxico follow?

Banxico targets 3% headline CPI inflation with a ±1 percentage-point tolerance band. It uses an inflation-targeting framework with a free-floating exchange rate.