Mexico inflation rate for 2023 was 5.53%, a 2.37% decline from 2022.
Mexico inflation rate for 2022 was 7.90%, a 2.21% increase from 2021.
Mexico inflation rate for 2021 was 5.69%, a 2.29% increase from 2020.
Mexico inflation rate for 2020 was 3.40%, a 0.24% decline from 2019.
Inflation as measured by the consumer price index reflects the annual percentage change in the cost to the average consumer of acquiring a basket of goods and services that may be fixed or changed at specified intervals, such as yearly. The Laspeyres formula is generally used.
