This dashboard tracks Mexico’s ex-post real interest rate by subtracting 12-month inflation (INPC) from the 12-month growth in the TIIE benchmark rate. The calculation approximates the realized real policy/short-rate backdrop faced by investors and borrowers over the past year. Values above zero indicate positive real rates, while negative readings suggest inflation has exceeded the nominal rate trend. Data is updated as new Mexico interest rate and inflation releases become available and is shown with historical context to identify tightening and easing cycles. Use it to assess Mexico’s real monetary stance and implications for rates, MXN and risk assets.
