Latin America & Caribbean
Mexico Inflation
Annual percentage change in consumer prices (CPI).
Latest Value
4.7%
As of 2024
YoY Change
-14.6%
2023 → 2024
Record High
131.8%
Recorded in 1987
Record Low
0.6%
Recorded in 1963
10-Year Average
4.7%
2015–2024
Data Range
1960–2024
65 data points
Source
World Bank
Code: FP.CPI.TOTL.ZG
Historical Trend
1960 – 2024
Analysis
Mexico's inflation rate of 4.72% in 2024 indicates a moderate level of price growth, which may impact consumer purchasing power and the overall economy. The country's central bank, Banco de México, closely monitors inflation to determine monetary policy decisions. This rate is within the bank's target range, suggesting a stable economic environment.
Historical Data
| Value | YoY Change | Change % | |
|---|---|---|---|
| 2024 | 4.7% | 0.8% | -14.6% |
| 2023 | 5.5% | 2.4% | -30.0% |
| 2022 | 7.9% | 2.2% | +38.8% |
| 2021 | 5.7% | 2.3% | +67.5% |
| 2020 | 3.4% | 0.2% | -6.6% |
| 2019 | 3.6% | 1.3% | -25.8% |
| 2018 | 4.9% | 1.1% | -18.9% |
| 2017 | 6.0% | 3.2% | +114.1% |
| 2016 | 2.8% | 0.1% | +3.7% |
| 2015 | 2.7% | 1.3% | -32.3% |
Source: World Bank Open Data · 1960–2024
Neighbouring Countries Ranking
Latin America & Caribbean · Inflation
Similar Rankings
Global · Inflation
