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Inflation rates in Mexico

The inflation rate for consumer prices in Mexico moved over the past 61 years between 0.6% and 131.8%. For 2021, an inflation rate of 5.7% was calculated.

During the observation period from 1960 to 2021, the average inflation rate was 19.2% per year. Overall, the price increase was 1.26 million percent. An item that cost 100 pesos in 1960 costs 1.26 million pesos at the beginning of 2022.

For December 2022, the year-over-year inflation rate was 7.8%.
This includes energy (+3.0%) and food (+12.7%).


Inflation rates in global comparison


Back to overview: Mexico

Performance over the last 61 years compared with the USA

In only a few countries the price increase is that high. The Consumer Price Index (CPI) of 131.8% in 1987 means, that compared to the previous year all prices increased by an average of 131.8%. In comparison to most other countries, the drastic price increases are no longer average. Usually this is a sign of political and economic turmoil.

Performance based on 100% in 1959:Performance in Mexico

      Mexico       USA


Inflation calculator for Mexico

Enter any amount, an initial year and an end year here. You will then be provided with the original amount after inflation. Example: 1,000 pesos in 1960 corresponds to 12,576,836.62 pesos at the beginning of 2022 due to inflation.

Original amount in pesos:


Start year:


End year:






Inflation rates for consumer goods in Mexico

Inflation rates for consumer goods in Mexico

Energy and food

Food and energy inflation in Mexico

      Energy       Food

Historical inflation rates in comparison

YearMexicoØ EUØ USAØ World
20215.69 %2.55 %4.70 %3.50 %
20203.40 %0.50 %1.23 %1.92 %
20193.64 %1.63 %1.81 %2.19 %
20184.90 %1.74 %2.44 %2.44 %
20176.04 %1.43 %2.13 %2.19 %
20162.82 %0.18 %1.26 %1.55 %
20152.72 %-0.06 %0.12 %1.43 %
20144.02 %0.20 %1.62 %2.35 %
20133.81 %1.22 %1.46 %2.62 %
20124.11 %2.66 %2.07 %3.73 %
20113.41 %3.29 %3.16 %4.82 %
20104.16 %1.53 %1.64 %3.35 %
20095.30 %0.84 %-0.36 %2.94 %
20085.12 %4.16 %3.84 %8.95 %
20073.97 %2.51 %2.85 %4.82 %
20063.63 %2.67 %3.23 %4.28 %
20053.99 %2.49 %3.39 %4.11 %
20044.69 %2.29 %2.68 %3.38 %
20034.55 %2.09 %2.27 %3.03 %
20025.03 %2.42 %1.59 %2.83 %
20016.37 %3.37 %2.83 %3.84 %
20009.49 %3.15 %3.38 %3.49 %
199916.59 %2.16 %2.19 %3.08 %
199815.93 %2.42 %1.55 %5.11 %
199720.63 %3.11 %2.34 %5.57 %
199634.38 %3.56 %2.93 %6.55 %
199535.00 %4.43 %2.81 %9.15 %
19946.97 %4.72 %2.61 %10.32 %
19939.75 %4.85 %2.95 %7.51 %
199215.51 %6.22 %3.03 %7.71 %
199122.66 %5.48 %4.23 %9.00 %
199026.65 %6.15 %5.40 %8.13 %
198920.01 %6.26 %4.83 %7.00 %
1988114.16 %4.54 %4.08 %7.15 %
1987131.83 %4.02 %3.66 %5.76 %
198686.23 %3.68 %1.90 %5.82 %
198557.75 %5.40 %3.55 %6.86 %
198465.45 %7.67 %4.30 %8.12 %
1983101.87 %8.67 %3.21 %8.77 %
198258.91 %9.58 %6.13 %10.24 %
198127.93 %11.77 %10.33 %12.47 %
198026.35 %12.91 %13.55 %13.98 %
197918.19 %8.22 %11.25 %n/a
197817.46 %7.76 %7.63 %n/a
197729.06 %9.77 %6.50 %n/a
197615.82 %9.35 %5.74 %n/a
197514.94 %10.47 %9.14 %n/a
197423.78 %13.16 %11.05 %n/a
197312.08 %7.75 %6.18 %n/a
19724.94 %6.01 %3.27 %n/a
19715.47 %5.24 %4.29 %n/a
19705.00 %4.51 %5.84 %n/a
19693.37 %2.67 %5.46 %n/a
19682.33 %3.24 %4.27 %n/a
19673.02 %3.32 %2.77 %n/a
19664.22 %3.70 %3.02 %n/a
19653.57 %3.99 %1.59 %n/a
19642.34 %3.42 %1.28 %n/a
19630.59 %2.92 %1.24 %n/a
19621.20 %3.55 %1.20 %n/a
19611.61 %2.08 %1.07 %n/a
19604.93 %1.74 %1.46 %n/a

Data basis: International Monetary Fund, World Bank and OECD Inflation CPI indicator (doi:10.1787/eee82e6e-en)
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