Annual inflation was expected to slide to 4.34 percent this month, according to the median of 12 analysts, down from October's 4.60 percent rate.
Mexico's annual inflation has slid off a 2-1/2-year high reached in September, backing the central bank's forecast of an easing in the price pressures that have plagued Latin America's No. 2 economy over the last five months.
Earlier on Friday, Mexico's central bank backed away from a threat to raise interest rates "soon" and left its benchmark rate at 4.5 percent, citing a confirmed downward trend in inflation.
Consumer prices were seen up 0.83 percent in November from October, while core prices are expected to rise 0.26 percent.