Mexico Inflation Rate (CPI YoY %) - Historical Data
Year-on-year percentage change in the headline Consumer Price Index (CPI) for Mexico from 1940 to 2026, compiled from the BIS Long Consumer Prices archive (WS_LONG_CPI). The latest inflation rate is 3.26% (Aug 2026) compared with the Bank of Mexico official target of 3.0% (±1.0% Variability Interval).
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Current Statistics & Historical Records
Latest Reading (Aug 2026)
3.26%
Prev (Jul 2026): 3.12%+0.14 pp
Highest Recorded (Feb 1988)
179.73%
Peak consumer price inflation rate in Mexico (Bank of Mexico mandate: 3.0% (±1.0% Variability Interval)).
Lowest Recorded (1962)
0.88%
Lowest recorded CPI inflation / deflation reading in Mexico.
Long-Run Mean (1940–2026)
16.25%
87 annual observations · Monthly
Bank of Mexico · MXN
Mexico Inflation Rate (CPI YoY %) (1940-2026)
% YoYDrag to pan, scroll to zoom, or toggle between full archive (1940–2026) and recent monthly observations.
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Source: Bank for International Settlements (BIS) & National Statistical Office (WS_LONG_CPI:M:MX:771)
Latest: 3.26% (Aug 2026)
Mexico Inflation Rate Averages by Decade
Decadal mean, peak, and trough across the 1940–2026 archive
| Decade | Years Covered | Decade Mean | Decade High (Year) | Decade Low (Year) |
|---|---|---|---|---|
| 1940s | 1940–1949 | 13.43% | 29.73% (1943) | 3.23% (1941) |
| 1950s | 1950–1959 | 7.61% | 15.97% (1955) | 2.43% (1959) |
| 1960s | 1960–1969 | 2.62% | 5.21% (1960) | 0.88% (1962) |
| 1970s | 1970–1979 | 14.70% | 29.26% (1977) | 4.91% (1972) |
| 1980s | 1980–1989 | 69.88% | 128.89% (1987) | 20.32% (1989) |
| 1990s | 1990–1999 | 20.51% | 35.26% (1996) | 6.97% (1994) |
| 2000s | 2000–2009 | 5.22% | 9.51% (2000) | 3.63% (2006) |
| 2010s | 2010–2019 | 3.96% | 6.04% (2017) | 2.72% (2015) |
| 2020s | 2020–2026 | 4.98% | 7.89% (2022) | 3.40% (2020) |
Complete Annual Historical Ledger (1940–2026)
Unit: % YoY · Source: Bank for International Settlements (BIS) & National Statistical Office (WS_LONG_CPI:M:MX:771)
| Year | Annual Value (% YoY) | Intra-Year Range (Min – Max) | Monetary Regime & Historical Context |
|---|---|---|---|
| 2026 | 3.82% | 3.12% – 4.59% | - |
| 2025 | 3.81% | 3.51% – 4.42% | Post-tightening monetary recalibration across advanced and emerging central banks |
| 2024 | 4.72% | 4.21% – 5.57% | G10 policy rates peak and pivot toward gradual monetary normalization |
| 2023 | 5.55% | 4.26% – 7.91% | - |
| 2022 | 7.89% | 7.07% – 8.70% | Global inflation surge triggers fastest synchronized rate hiking cycle in four decades |
| 2021 | 5.68% | 3.54% – 7.37% | - |
| 2020 | 3.40% | 2.15% – 4.09% | COVID-19 pandemic emergency rate cuts and record balance sheet expansion |
| 2019 | 3.64% | 2.83% – 4.41% | - |
| 2018 | 4.90% | 4.51% – 5.55% | - |
| 2017 | 6.04% | 4.72% – 6.77% | - |
| 2016 | 2.82% | 2.54% – 3.36% | Bank of Japan introduces Yield Curve Control (YCC); post-Brexit BoE easing |
| 2015 | 2.72% | 2.13% – 3.14% | - |
| 2014 | 4.02% | 3.50% – 4.48% | ECB and European peers introduce Negative Interest Rate Policy (NIRP) |
| 2013 | 3.81% | 3.25% – 4.65% | - |
| 2012 | 4.11% | 3.41% – 4.77% | - |
| 2011 | 3.41% | 3.04% – 3.82% | European Sovereign Debt Crisis and Swiss franc safe-haven surge |
| 2010 | 4.16% | 3.64% – 4.97% | - |
| 2009 | 5.31% | 3.57% – 6.28% | - |
| 2008 | 5.12% | 3.70% – 6.53% | Global Financial Crisis drives major central banks to the zero lower bound and QE1 |
| 2007 | 3.97% | 3.74% – 4.21% | - |
| 2006 | 3.63% | 3.00% – 4.29% | - |
| 2005 | 4.00% | 2.91% – 4.60% | - |
| 2004 | 4.68% | 4.20% – 5.43% | - |
| 2003 | 4.56% | 3.96% – 5.64% | - |
| 2002 | 5.03% | 4.66% – 5.70% | - |
| 2001 | 6.39% | 4.40% – 8.11% | Dot-com bust and synchronized G10 monetary easing cycle |
| 2000 | 9.51% | 8.85% – 11.02% | - |
| 1999 | 16.67% | 12.32% – 19.02% | Launch of the Euro and establishment of the European Central Bank (ECB) |
| 1998 | 15.90% | 14.97% – 18.61% | - |
| 1997 | 20.82% | 15.72% – 26.44% | Asian Financial Crisis triggers emergency EM currency defense hikes |
| 1996 | 35.26% | 27.70% – 51.72% | - |
| 1995 | 34.77% | 10.23% – 51.97% | - |
| 1994 | 6.97% | 6.71% – 7.50% | Global bond market selloff and pre-emptive Federal Reserve tightening cycle |
| 1993 | 9.78% | 8.01% – 11.32% | - |
| 1992 | 15.58% | 11.94% – 17.95% | European Exchange Rate Mechanism (ERM) crisis and Black Wednesday |
| 1991 | 22.84% | 18.80% – 27.11% | - |
| 1990 | 26.54% | 22.48% – 30.21% | German reunification tightening and Japanese asset bubble peak |
| 1989 | 20.32% | 16.81% – 34.56% | - |
| 1988 | 125.43% | 51.66% – 179.73% | - |
| 1987 | 128.89% | 104.34% – 159.17% | Louvre Accord and Black Monday central bank liquidity provision |
| 1986 | 84.47% | 65.92% – 105.75% | - |
| 1985 | 57.69% | 53.44% – 63.74% | Plaza Accord coordinated G5 currency intervention depreciates USD |
| 1984 | 66.16% | 59.18% – 73.34% | - |
| 1983 | 104.11% | 80.70% – 117.23% | - |
| 1982 | 57.48% | 30.95% – 98.90% | - |
| 1981 | 28.00% | 26.51% – 28.81% | Volcker disinflation peak pushes benchmark policy rates to postwar highs |
| 1980 | 26.21% | 21.56% – 29.80% | - |
| 1979 | 18.15% | 17.31% – 20.10% | Second oil shock; Paul Volcker appointed Federal Reserve Chair |
| 1978 | 17.51% | 16.24% – 19.67% | - |
| 1977 | 29.26% | 20.62% – 34.14% | - |
| 1976 | 15.75% | 11.31% – 27.07% | - |
| 1975 | 14.97% | 11.17% – 17.51% | - |
| 1974 | 23.94% | 21.18% – 25.69% | First OPEC oil shock triggers global stagflation and steep policy rate hikes |
| 1973 | 11.97% | 5.97% – 21.43% | - |
| 1972 | 4.91% | 3.88% – 6.06% | - |
| 1971 | 5.52% | 4.72% – 6.56% | Nixon Shock suspends USD gold convertibility; Bretton Woods system ends |
| 1970 | 5.02% | 4.17% – 5.93% | - |
| 1969 | 3.02% | 3.02% – 3.02% | - |
| 1968 | 1.53% | 1.53% – 1.53% | - |
| 1967 | 2.76% | 2.76% – 2.76% | - |
| 1966 | 4.53% | 4.53% – 4.53% | Credit crunch of 1966 and monetary tightening |
| 1965 | 3.40% | 3.40% – 3.40% | - |
| 1964 | 2.17% | 2.17% – 2.17% | - |
| 1963 | 0.88% | 0.88% – 0.88% | - |
| 1962 | 0.88% | 0.88% – 0.88% | - |
| 1961 | 1.80% | 1.80% – 1.80% | - |
| 1960 | 5.21% | 5.21% – 5.21% | - |
| 1959 | 2.43% | 2.43% – 2.43% | - |
| 1958 | 11.35% | 11.35% – 11.35% | Eisenhower recession and global monetary easing |
| 1957 | 5.71% | 5.71% – 5.71% | - |
| 1956 | 4.79% | 4.79% – 4.79% | - |
| 1955 | 15.97% | 15.97% – 15.97% | - |
| 1954 | 5.11% | 5.11% – 5.11% | Post-Korean War Federal Reserve policy rate normalization |
| 1953 | 5.38% | 5.38% – 5.38% | - |
| 1952 | 6.56% | 6.56% – 6.56% | - |
| 1951 | 12.96% | 12.96% – 12.96% | - |
| 1950 | 5.88% | 5.88% – 5.88% | - |
| 1949 | 5.15% | 5.15% – 5.15% | - |
| 1948 | 6.59% | 6.59% – 6.59% | - |
| 1947 | 12.35% | 12.35% – 12.35% | - |
| 1946 | 24.62% | 24.62% – 24.62% | - |
| 1945 | 6.56% | 6.56% – 6.56% | - |
| 1944 | 27.08% | 27.08% – 27.08% | - |
| 1943 | 29.73% | 29.73% – 29.73% | - |
| 1942 | 15.62% | 15.62% – 15.62% | - |
| 1941 | 3.23% | 3.23% – 3.23% | - |
| 1940 | 3.33% | 3.33% – 3.33% | - |
Frequently Asked Questions - Mexico Inflation Rate
What is the current inflation rate in Mexico?
As of Aug 2026, headline consumer price inflation in Mexico is 3.26% year-on-year, compared to the Bank of Mexico target of 3.0% (±1.0% Variability Interval).
What was the highest inflation rate recorded in Mexico?
In the 1940-2026 series, Mexico CPI inflation peaked at 179.73% in Feb 1988 and reached a low of 0.88% in 1962.
Statistical Provenance
Source Metadata & Methodology Notes
- Primary Institution:
- Bank for International Settlements (BIS) & National Statistical Office
- Dataset / Dataflow:
- BIS Long Series on Consumer Prices (WS_LONG_CPI)
- Canonical Series ID:
- WS_LONG_CPI:M:MX:771
- Reuse & License:
- Terms of permitted use of BIS statistics
- Unit of measure: Year-on-year percentage change in headline consumer price index (UNIT_MEASURE=771).
- Central bank benchmark target: 3.0% (±1.0% Variability Interval) (Bank of Mexico).
- Annual table values represent annual average inflation across each calendar year.
Academic & Media Attribution
Cite This Dataset (APA & BibTeX)
APA 7th Edition
CentralBankData.com. (2026). Mexico Inflation Rate (CPI YoY %), compiled from Bank for International Settlements (WS_LONG_CPI:M:MX:771). https://centralbankdata.com/mexico-inflation-rate
BibTeX
@misc{cbd_cpi_mexico,
author = {CentralBankData.com},
title = {Mexico Consumer Price Inflation Rate},
note = {Compiled from Bank for International Settlements WS_LONG_CPI:M:MX:771},
year = {2026},
url = {https://centralbankdata.com/mexico-inflation-rate}
}Related Bank of Mexico & Global Series
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