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.
Policy Rate
Policy Rate
Policy Rate
MXN currency market profile
Core identifiers, trading context, and product links for the MXN market.
Mexican Peso
Primary central-bank or monetary authority reference.
Fast path into the FX pair dashboard and market profile.
Approximate primary liquidity window used across FXMacroData pages.
Display symbol used in product surfaces.
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.
- 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.
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.
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.
Inflation Rate (CPI/HICP)
Headline inflation: the year-over-year percentage change in the Consumer Price Index (CPI), the standard measure central banks target.
Core Inflation
CPI excluding volatile items like food and energy.
Producer Price Index (PPI)
Measures the average change over time in the selling prices received by domestic producers for their output.
Gross Domestic Product (GDP) Growth
GDP growth: the quarterly change in the inflation-adjusted value of all goods and services produced in the economy.
Unemployment Rate
Percentage of the labor force that is unemployed.
Trade Balance
The difference between the value of a country's exports and imports.
Retail Sales
Measures change in the total value of sales at the retail level.
Published Mexico indicator pages
Filter by indicator name, source, cadence, or category.
Tracked Mexico data catalogue
Coverage families already represented in the FXMacroData catalogue, including pages whose detailed docs are still pending.
Business Confidence
Survey-based measure of business executives' outlook on economic conditions, production, and investment plans.
Consumer Confidence
Survey-based measure of consumers' confidence in economic conditions, employment prospects, and personal finances.
Core Inflation
CPI excluding volatile items like food and energy.
Current Account Balance
Measures trade in goods and services and income flows.
Gross Domestic Product (GDP) Growth
GDP growth: the quarterly change in the inflation-adjusted value of all goods and services produced in the economy.
Inflation Rate (CPI/HICP)
Headline inflation: the year-over-year percentage change in the Consumer Price Index (CPI), the standard measure central banks target.
Producer Price Index (PPI)
Measures the average change over time in the selling prices received by domestic producers for their output.
Retail Sales
Measures change in the total value of sales at the retail level.
Trade Balance
The difference between the value of a country's exports and imports.
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.
Employment Level
Total number of employed persons.
Full-Time Employment
Number of persons employed full-time.
Part-Time Employment
Number of persons employed part-time.
Labor Force Participation Rate
Ratio of the labor force to the working-age population.
Unemployment Rate
Percentage of the labor force that is unemployed.
Narrow Money (M1)
Currency in circulation + transaction deposits. RBNZ column A.
M2 Money Supply
M1 + savings deposits (on-call). RBNZ derived: column A + B1.
Broad Money (M3)
M1 + savings + term deposits. RBNZ column A+B (broadest aggregate).
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.
Central Bank Policy Rate
Primary interest rate set by the Central Bank.
Risk Free Rate
Overnight lending rate between banks.
10-Year Government Bond Yield
2-Year Government Bond Yield
3-Year Government Bond Yield
5-Year Government Bond Yield
Inflation-Linked Bond Yield
Central Bank Reserves - Domestic Currency
Central Bank Reserves - Foreign Currency
Central Bank Reserves - Gold
FX Reserves
Indicator validated by integration tests.
MXN market drivers
Evergreen macro forces to keep beside the country data table.
Banxico target rate and Quarterly Inflation Report.
Mexico CPI, core CPI, and bi-weekly INPC reading.
US ISM, retail sales, and industrial production.
Remittances from the US (a major inflow into Mexico).
Crude oil prices and Pemex export volumes.
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.
Explore other countries
Move laterally into another country hub while keeping the same indicator-first structure.