Mexico Inflation Rate

Last updated: 2024-08-12

Annual inflation

5.57%

YoY ending in Jul 2024

Monthly inflation

1.05%

July 2024

The graph above shows the annual inflation rates in Mexico for the previous 10 calendar years, from 2014. For additional years, see the historical inflation rates. To calculate cumulative rates between two different periods, you can use the Mexico Inflation Calculator.

The current inflation rate in Mexico is 5.57%, which is calculated based on CPI (Consumer Price Index) values for the last 12 months ending in July 2024.

In July 2024, the monthly inflation rate was 1.05.

The following table contains recent YoY (Year-over-Year) and MoM (Month-over-Month) values.

Year Measure Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec
2024 YoY 4.88 4.40 4.42 4.65 4.69 4.98 5.57
MoM 0.89 0.09 0.29 0.20 -0.19 0.38 1.05
2023 YoY 7.91 7.62 6.85 6.25 5.84 5.06 4.79 4.64 4.45 4.26 4.32 4.66
MoM 0.68 0.56 0.27 -0.02 -0.22 0.10 0.48 0.55 0.44 0.38 0.64 0.71

Historical Annual Inflation Rates from 1969

The table below contains annual inflation rates in Mexico from 1969. The 'Inflation %' column indicates how much prices have changed since the previous year.

The 5-year and 10-year columns display the rolling average of the yearly inflation. For example, the 5-year avg. on the first row indicates that between 2018 and 2023, the average inflation rate was 5.22%. These values can be useful for long-term analysis and forecasting.

You can click or tap the table’s headers to sort the information.

Year Inflation 5-year Avg. 10-year Avg.
1969 16.84 - -
1970 4.69 - -
1971 4.96 - -
1972 5.56 - -
1973 21.37 - -
1974 20.60 10.03 -
1975 11.31 12.04 -
1976 27.20 14.15 -
1977 20.66 18.98 -
1978 16.17 20.10 -
1979 20.02 18.99 14.42
1980 29.85 21.26 16.56
1981 28.68 23.70 18.83
1982 98.84 28.96 23.87
1983 80.78 43.71 31.37
1984 59.16 53.71 35.24
1985 63.75 60.68 39.59
1986 105.75 73.22 46.38
1987 159.17 86.80 55.21
1988 51.66 89.02 64.82
1989 19.70 77.27 65.07
1990 29.93 69.65 65.11
1991 18.79 56.06 64.41
1992 11.94 35.76 59.25
1993 8.01 18.77 49.84
1994 7.05 16.07 43.44
1995 51.97 17.56 41.22
1996 27.70 19.73 36.69
1997 15.72 20.77 28.05
1998 18.61 22.10 20.42
1999 12.32 24.22 20.07
2000 8.96 19.12 18.34
2001 4.40 13.68 16.66
2002 5.70 10.58 15.56
2003 3.98 8.32 15.00
2004 5.19 6.01 14.75
2005 3.33 4.92 11.80
2006 4.05 4.38 8.93
2007 3.76 4.16 7.32
2008 6.53 4.28 6.28
2009 3.57 4.40 5.20
2010 4.40 4.43 4.68
2011 3.82 4.39 4.38
2012 3.57 4.42 4.29
2013 3.97 4.15 4.22
2014 4.08 3.90 4.15
2015 2.13 3.61 4.02
2016 3.36 3.49 3.94
2017 6.77 3.87 4.15
2018 4.83 4.09 4.12
2019 2.83 4.02 3.96
2020 3.15 4.15 3.88
2021 7.36 4.73 4.11
2022 7.82 5.09 4.48
2023 4.66 5.22 4.65

More historical data →