Mexico Inflation Rate 1960-2024
Inflation as measured by the consumer price index reflects the annual percentage change in the cost to the average consumer of acquiring a basket of goods and services that may be fixed or changed at specified intervals, such as yearly. The Laspeyres formula is generally used.
- Mexico inflation rate for 2023 was 5.53%, a 2.37% decline from 2022.
- Mexico inflation rate for 2022 was 7.90%, a 2.21% increase from 2021.
- Mexico inflation rate for 2021 was 5.69%, a 2.29% increase from 2020.
- Mexico inflation rate for 2020 was 3.40%, a 0.24% decline from 2019.
| Mexico Inflation Rate - Historical Data |
| Year |
Inflation Rate (%) |
Annual Change |
| 2023 |
5.53% |
-2.37% |
| 2022 |
7.90% |
2.21% |
| 2021 |
5.69% |
2.29% |
| 2020 |
3.40% |
-0.24% |
| 2019 |
3.64% |
-1.26% |
| 2018 |
4.90% |
-1.14% |
| 2017 |
6.04% |
3.22% |
| 2016 |
2.82% |
0.10% |
| 2015 |
2.72% |
-1.30% |
| 2014 |
4.02% |
0.21% |
| 2013 |
3.81% |
-0.31% |
| 2012 |
4.11% |
0.70% |
| 2011 |
3.41% |
-0.75% |
| 2010 |
4.16% |
-1.14% |
| 2009 |
5.30% |
0.17% |
| 2008 |
5.13% |
1.16% |
| 2007 |
3.97% |
0.34% |
| 2006 |
3.63% |
-0.36% |
| 2005 |
3.99% |
-0.70% |
| 2004 |
4.69% |
0.14% |
| 2003 |
4.55% |
-0.48% |
| 2002 |
5.03% |
-1.34% |
| 2001 |
6.37% |
-3.12% |
| 2000 |
9.49% |
-7.09% |
| 1999 |
16.59% |
0.66% |
| 1998 |
15.93% |
-4.70% |
| 1997 |
20.63% |
-13.75% |
| 1996 |
34.38% |
-0.62% |
| 1995 |
35.00% |
28.03% |
| 1994 |
6.97% |
-2.79% |
| 1993 |
9.75% |
-5.76% |
| 1992 |
15.51% |
-7.15% |
| 1991 |
22.66% |
-3.99% |
| 1990 |
26.65% |
6.64% |
| 1989 |
20.01% |
-94.15% |
| 1988 |
114.16% |
-17.67% |
| 1987 |
131.83% |
45.59% |
| 1986 |
86.23% |
28.48% |
| 1985 |
57.75% |
-7.70% |
| 1984 |
65.45% |
-36.43% |
| 1983 |
101.87% |
42.96% |
| 1982 |
58.91% |
30.98% |
| 1981 |
27.93% |
1.58% |
| 1980 |
26.35% |
8.16% |
| 1979 |
18.19% |
0.73% |
| 1978 |
17.46% |
-11.61% |
| 1977 |
29.06% |
13.24% |
| 1976 |
15.82% |
0.88% |
| 1975 |
14.94% |
-8.84% |
| 1974 |
23.78% |
11.70% |
| 1973 |
12.08% |
7.14% |
| 1972 |
4.94% |
-0.53% |
| 1971 |
5.47% |
0.47% |
| 1970 |
5.00% |
1.64% |
| 1969 |
3.37% |
1.03% |
| 1968 |
2.33% |
-0.68% |
| 1967 |
3.02% |
-1.20% |
| 1966 |
4.22% |
0.65% |
| 1965 |
3.57% |
1.23% |
| 1964 |
2.34% |
1.74% |
| 1963 |
0.59% |
-0.60% |
| 1962 |
1.20% |
-0.41% |
| 1961 |
1.61% |
-3.32% |
| 1960 |
4.93% |
-3.32% |
