Mexico Historical Inflation Rates

The graph above displays annual inflation rates in Mexico for calendar years from 1969 to 2023. To calculate cumulative rates between two different periods, you can use the Mexico Inflation Calculator.

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.

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

Monthly Inflation Rates (YoY) | 1969-2024

The following table contains YoY (year-over-year) inflation rates calculated from monthly CPI data publications. The value of each month indicates the rolling average inflation rate for the last 12 months.

This information is particularly useful to track inflation for the current year as it's not possible to calculate the final value until the year is over.

The values on the December column are equivalent to annual inflation rates. For example, the 4.66% rate shown under 2023 and December matches the value shown in the table above as the annual inflation rate.

Year Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec Avg.
1969 11.91 12.31 12.42 12.72 12.72 13.12 13.55 13.68 14.74 15.95 15.96 16.84 13.83
1970 5.20 4.81 5.01 4.87 5.09 5.35 5.46 5.84 5.11 4.05 4.60 4.69 5.01
1971 4.93 5.38 5.47 5.87 5.87 5.71 5.11 5.58 5.67 5.74 5.34 4.96 5.47
1972 4.40 4.29 4.46 4.58 4.57 4.87 5.35 5.08 5.22 5.19 5.70 5.56 4.94
1973 6.62 7.16 7.52 8.54 9.47 9.56 11.95 13.00 15.16 16.56 17.23 21.37 12.01
1974 23.92 25.68 25.54 25.26 24.92 25.13 23.76 23.09 21.60 22.44 24.31 20.60 23.86
1975 17.92 15.95 15.79 15.20 15.83 16.65 15.91 15.69 15.22 13.56 11.27 11.31 15.02
1976 12.02 13.49 13.89 13.72 13.01 11.56 11.62 11.72 14.69 20.53 25.10 27.20 15.71
1977 28.77 29.19 30.17 31.22 31.45 32.53 32.91 34.35 32.22 26.13 22.00 20.66 29.30
1978 19.53 18.63 17.81 17.35 17.46 17.64 18.30 17.07 16.35 16.86 16.79 16.17 17.50
1979 17.68 17.68 18.05 17.80 18.18 17.87 17.31 17.91 18.01 18.63 18.93 20.02 18.17
1980 21.56 22.60 23.45 24.49 24.89 25.97 27.94 28.64 28.49 28.20 28.77 29.85 26.24
1981 27.80 27.98 28.08 28.72 28.57 27.83 26.55 26.54 27.47 28.36 28.60 28.68 27.93
1982 30.86 32.74 34.71 38.88 44.50 49.37 54.35 68.21 73.95 79.00 84.49 98.84 57.49
1983 110.04 112.95 115.39 117.25 114.61 112.50 112.08 98.08 93.83 90.39 91.87 80.78 104.15
1984 73.40 73.25 72.31 69.06 67.41 67.14 64.49 62.84 62.68 62.96 59.20 59.16 66.16
1985 60.75 59.04 58.43 56.53 55.10 53.43 53.73 56.02 57.55 58.02 59.82 63.75 57.68
1986 65.92 66.38 67.62 71.11 76.44 83.17 85.84 92.25 95.96 99.58 103.67 105.75 84.47
1987 104.34 109.76 113.69 120.86 125.00 126.73 133.44 133.88 135.18 141.00 143.65 159.17 128.89
1988 176.83 179.73 175.83 161.44 147.82 135.81 121.79 106.92 95.24 81.59 70.50 51.66 125.43
1989 34.56 25.89 21.05 19.20 18.54 17.58 16.81 16.85 17.30 18.13 18.21 19.70 20.32
1990 22.48 23.57 24.40 24.43 24.89 26.11 27.13 28.08 28.68 28.62 30.21 29.93 26.54
1991 27.11 26.46 26.04 25.45 24.51 23.10 21.97 20.76 20.25 19.92 19.72 18.79 22.84
1992 17.95 17.30 16.82 16.64 16.28 15.85 15.56 15.46 15.32 14.82 12.96 11.94 15.58
1993 11.32 10.91 10.44 10.09 10.00 9.87 9.70 9.62 9.48 9.14 8.72 8.01 9.77
1994 7.50 7.18 7.10 7.01 6.92 6.85 6.81 6.74 6.71 6.83 6.93 7.05 6.97
1995 10.23 14.31 20.43 29.39 34.15 37.72 39.91 41.57 43.48 45.66 48.46 51.97 34.77
1996 51.72 48.95 43.75 36.93 33.83 31.82 31.03 30.60 30.00 28.97 27.77 27.70 35.26
1997 26.44 25.64 24.46 22.33 21.23 20.35 19.70 19.18 18.76 18.24 17.77 15.72 20.82
1998 15.27 15.35 15.27 15.10 14.97 15.31 15.41 15.50 15.92 16.65 17.41 18.61 15.90
1999 19.02 18.54 18.26 18.23 18.01 17.39 17.04 16.58 15.83 14.91 13.92 12.32 16.67
2000 11.02 10.52 10.11 9.73 9.48 9.41 9.12 9.10 8.85 8.91 8.87 8.96 9.51
2001 8.11 7.09 7.17 7.11 6.95 6.57 5.88 5.93 6.14 5.89 5.39 4.40 6.39
2002 4.79 4.79 4.66 4.70 4.68 4.94 5.51 5.29 4.95 4.94 5.39 5.70 5.03
2003 5.16 5.52 5.64 5.25 4.70 4.27 4.13 4.04 4.04 3.96 3.98 3.98 4.56
2004 4.20 4.53 4.23 4.21 4.29 4.37 4.49 4.82 5.06 5.40 5.43 5.19 4.68
2005 4.54 4.27 4.39 4.60 4.60 4.33 4.47 3.95 3.51 3.05 2.91 3.33 4.00
2006 3.94 3.75 3.41 3.20 3.00 3.18 3.06 3.47 4.09 4.29 4.09 4.05 3.63
2007 3.98 4.11 4.21 3.99 3.95 3.98 4.14 4.03 3.79 3.74 3.93 3.76 3.97
2008 3.70 3.72 4.25 4.55 4.95 5.26 5.39 5.57 5.47 5.78 6.23 6.53 5.12
2009 6.28 6.20 6.04 6.17 5.98 5.74 5.44 5.08 4.89 4.50 3.86 3.57 5.31
2010 4.46 4.83 4.97 4.27 3.92 3.69 3.64 3.68 3.70 4.02 4.32 4.40 4.16
2011 3.78 3.57 3.04 3.36 3.25 3.28 3.55 3.42 3.14 3.20 3.48 3.82 3.41
2012 4.05 3.87 3.73 3.41 3.85 4.34 4.42 4.57 4.77 4.60 4.18 3.57 4.11
2013 3.25 3.55 4.25 4.65 4.63 4.09 3.47 3.46 3.39 3.36 3.62 3.97 3.81
2014 4.48 4.23 3.76 3.50 3.51 3.75 4.07 4.15 4.22 4.30 4.17 4.08 4.02
2015 3.07 3.00 3.14 3.06 2.88 2.87 2.74 2.59 2.52 2.48 2.21 2.13 2.72
2016 2.61 2.87 2.60 2.54 2.60 2.54 2.65 2.73 2.97 3.06 3.31 3.36 2.82
2017 4.72 4.86 5.35 5.82 6.16 6.31 6.44 6.66 6.35 6.37 6.63 6.77 6.04
2018 5.55 5.34 5.04 4.55 4.51 4.65 4.81 4.90 5.02 4.90 4.72 4.83 4.90
2019 4.37 3.94 4.00 4.41 4.28 3.95 3.78 3.16 3.00 3.02 2.97 2.83 3.64
2020 3.24 3.70 3.25 2.15 2.84 3.33 3.62 4.05 4.01 4.09 3.33 3.15 3.40
2021 3.54 3.76 4.67 6.08 5.89 5.88 5.81 5.59 6.00 6.24 7.37 7.36 5.68
2022 7.07 7.28 7.45 7.68 7.65 7.99 8.15 8.70 8.70 8.41 7.80 7.82 7.89
2023 7.91 7.62 6.85 6.25 5.84 5.06 4.79 4.64 4.45 4.26 4.32 4.66 5.55
2024 4.88 4.40 4.42 4.65 4.69 4.98 5.57 4.80

Monthly Inflation Rates (MoM) | 1969-2024

This table contains MoM (Month-over-Month) inflation rates calculated from official CPI data publications.

MoM measures are more volatile than YoY because they are influenced by short term events such changes in the monetary policy, stock market crashes or natural disasters.

Year Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec Avg.
1969 11.91 0.36 0.10 0.27 0.00 0.36 0.38 0.11 0.94 1.05 0.01 0.75 1.35
1970 0.76 -0.01 0.29 0.13 0.21 0.61 0.49 0.46 0.24 0.03 0.54 0.85 0.38
1971 0.99 0.41 0.38 0.51 0.21 0.45 -0.08 0.91 0.33 0.10 0.16 0.48 0.40
1972 0.44 0.31 0.55 0.63 0.20 0.74 0.38 0.66 0.46 0.07 0.65 0.34 0.45
1973 1.45 0.83 0.88 1.58 1.06 0.82 2.56 1.60 2.38 1.28 1.23 3.88 1.63
1974 3.58 2.26 0.77 1.36 0.79 0.99 1.45 1.06 1.13 1.98 2.78 0.78 1.58
1975 1.28 0.55 0.63 0.84 1.34 1.70 0.80 0.87 0.73 0.51 0.70 0.82 0.90
1976 1.93 1.87 0.98 0.70 0.70 0.40 0.85 0.96 3.41 5.63 4.52 2.51 2.04
1977 3.19 2.21 1.74 1.51 0.88 1.23 1.13 2.05 1.77 0.76 1.09 1.38 1.58
1978 2.22 1.44 1.04 1.11 0.98 1.38 1.70 1.00 1.14 1.21 1.03 0.85 1.26
1979 3.55 1.44 1.36 0.90 1.31 1.11 1.21 1.51 1.23 1.75 1.29 1.77 1.53
1980 4.88 2.31 2.06 1.75 1.63 1.98 2.79 2.07 1.11 1.51 1.73 2.62 2.20
1981 3.22 2.46 2.14 2.26 1.51 1.40 1.76 2.06 1.86 2.22 1.92 2.69 2.13
1982 4.97 3.93 3.65 5.42 5.62 4.82 5.15 11.22 5.34 5.18 5.06 10.68 5.92
1983 10.88 5.37 4.84 6.33 4.34 3.79 4.94 3.88 3.08 3.32 5.87 4.28 5.08
1984 6.35 5.28 4.27 4.33 3.32 3.62 3.28 2.84 2.98 3.49 3.43 4.25 3.95
1985 7.42 4.15 3.87 3.08 2.37 2.50 3.48 4.37 3.99 3.80 4.61 6.81 4.21
1986 8.84 4.45 4.65 5.22 5.56 6.42 4.99 7.97 6.00 5.72 6.76 7.90 6.21
1987 8.10 7.22 6.61 8.75 7.54 7.23 8.10 8.17 6.59 8.33 7.93 14.77 8.28
1988 15.46 8.34 5.12 3.08 1.93 2.04 1.67 0.92 0.57 0.76 1.34 2.09 3.61
1989 2.45 1.36 1.08 1.50 1.38 1.21 1.00 0.95 0.96 1.48 1.40 3.37 1.51
1990 4.83 2.26 1.76 1.52 1.75 2.20 1.82 1.70 1.43 1.44 2.66 3.15 2.21
1991 2.55 1.75 1.43 1.05 0.98 1.05 0.88 0.70 1.00 1.16 2.48 2.35 1.45
1992 1.82 1.18 1.02 0.89 0.66 0.68 0.63 0.61 0.87 0.72 0.83 1.42 0.94
1993 1.25 0.82 0.58 0.58 0.57 0.56 0.48 0.54 0.74 0.41 0.44 0.76 0.64
1994 0.78 0.51 0.51 0.49 0.48 0.50 0.44 0.47 0.71 0.52 0.53 0.88 0.57
1995 3.76 4.24 5.90 7.97 4.18 3.17 2.04 1.66 2.07 2.06 2.47 3.26 3.56
1996 3.59 2.33 2.20 2.84 1.82 1.63 1.42 1.33 1.60 1.25 1.52 3.20 2.06
1997 2.57 1.68 1.24 1.08 0.91 0.89 0.87 0.89 1.25 0.80 1.12 1.40 1.23
1998 2.18 1.75 1.17 0.94 0.80 1.18 0.96 0.96 1.62 1.43 1.77 2.44 1.43
1999 2.53 1.34 0.93 0.92 0.60 0.66 0.66 0.56 0.97 0.63 0.89 1.00 0.97
2000 1.34 0.89 0.55 0.57 0.37 0.59 0.39 0.55 0.73 0.69 0.86 1.08 0.72
2001 0.55 -0.07 0.63 0.50 0.23 0.24 -0.26 0.59 0.93 0.45 0.38 0.14 0.36
2002 0.92 -0.06 0.51 0.55 0.20 0.49 0.29 0.38 0.60 0.44 0.81 0.44 0.46
2003 0.40 0.28 0.63 0.17 -0.32 0.08 0.14 0.30 0.60 0.37 0.83 0.43 0.33
2004 0.62 0.60 0.34 0.15 -0.25 0.16 0.26 0.62 0.83 0.69 0.85 0.21 0.42
2005 0.00 0.33 0.45 0.36 -0.25 -0.10 0.39 0.12 0.40 0.25 0.72 0.61 0.27
2006 0.59 0.15 0.13 0.15 -0.45 0.09 0.27 0.51 1.01 0.44 0.52 0.58 0.33
2007 0.52 0.28 0.22 -0.06 -0.49 0.12 0.42 0.41 0.78 0.39 0.71 0.41 0.31
2008 0.46 0.30 0.72 0.23 -0.11 0.41 0.56 0.58 0.68 0.68 1.14 0.69 0.53
2009 0.23 0.22 0.58 0.35 -0.29 0.18 0.27 0.24 0.50 0.30 0.52 0.41 0.29
2010 1.09 0.58 0.71 -0.32 -0.63 -0.03 0.22 0.28 0.52 0.62 0.80 0.50 0.36
2011 0.49 0.38 0.19 -0.01 -0.74 0.00 0.48 0.16 0.25 0.67 1.08 0.82 0.31
2012 0.71 0.20 0.06 -0.31 -0.32 0.46 0.56 0.30 0.44 0.51 0.68 0.23 0.29
2013 0.40 0.49 0.73 0.07 -0.33 -0.06 -0.03 0.28 0.38 0.48 0.93 0.57 0.33
2014 0.89 0.25 0.27 -0.19 -0.32 0.17 0.28 0.36 0.44 0.55 0.81 0.49 0.33
2015 -0.09 0.19 0.41 -0.26 -0.50 0.17 0.15 0.21 0.37 0.51 0.55 0.41 0.18
2016 0.38 0.44 0.15 -0.32 -0.45 0.11 0.26 0.28 0.61 0.61 0.78 0.46 0.28
2017 1.70 0.58 0.61 0.12 -0.12 0.25 0.38 0.49 0.31 0.63 1.03 0.59 0.55
2018 0.53 0.38 0.32 -0.34 -0.16 0.39 0.54 0.58 0.42 0.52 0.85 0.70 0.39
2019 0.09 -0.03 0.39 0.05 -0.29 0.06 0.38 -0.02 0.26 0.54 0.81 0.56 0.23
2020 0.48 0.42 -0.05 -1.01 0.38 0.55 0.66 0.39 0.23 0.61 0.08 0.38 0.26
2021 0.86 0.63 0.83 0.33 0.20 0.53 0.59 0.19 0.62 0.84 1.14 0.36 0.59
2022 0.59 0.83 0.99 0.54 0.18 0.84 0.74 0.70 0.62 0.57 0.58 0.38 0.63
2023 0.68 0.56 0.27 -0.02 -0.22 0.10 0.48 0.55 0.44 0.38 0.64 0.71 0.38
2024 0.89 0.09 0.29 0.20 -0.19 0.38 1.05 0.39

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