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Mexico inflation rate, 1960 to 2025

Consumer price inflation in Mexico, annual percent change, from the World Bank. · updated Jul 2026

About this statistic

Mexico inflation rate stood at 3.81% in 2025, down 0.9pp on the previous period.

Consumer prices in Mexico rose 4.7 percent in 2024, after 5.5 percent in 2023. The window's extremes are 131.8 percent in 1987 and 0.6 percent in 1963.

How it is measured

The figures come from the World Bank's World Development Indicators (indicator FP.CPI.TOTL.ZG): the annual percentage change in the consumer price index, as compiled by the national statistical office. A CPI tracks the cost of a fixed, weighted basket of goods and services meant to represent typical household consumption, so the inflation rate is the year-over-year change in what that basket costs. Basket contents and weights are national choices, which is one reason cross-country comparisons need care.

What the curve shows

Inflation compounds silently: at 18.3 percent a year, this window's average, prices double roughly every 4 years. The chart's spikes are the years households remember. Central banks in most economies aim near 2 percent; sustained readings far above or below that band are what policy reacts to.

Frequently asked questions
Whose prices does the index track?
A representative household's. Statistical offices weight the basket from consumption surveys, so a person whose spending differs from the average, more rent, less transport, will experience a different personal inflation rate than the headline.
What does a negative figure mean?
Deflation: the basket cost less than a year earlier. Mild deflation can come from cheap imports or technology; broad deflation usually signals weak demand and is treated by central banks as a problem, not a win.
Other statistics on this topicAll Global development statistics →

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Mexico inflation rate — Kitegraph