Inflation Mexico 1974
Average inflation: 23.8%
Current Inflation
Inflation is very high at 23.8%, far above the ECB target.
Peak and Trough
The highest inflation was in February at 25.7%. The lowest inflation was in December at 20.6%.
- Highest month
- February: 25.7%
- Lowest month
- December: 20.6%
- Difference
- 5.1 percentage points
- Months with data
- 12 of 12
Category Insights
The highest price increase was in Food and non-alcoholic beverages with an average of 31.2%. The lowest price increase was in Food and non-alcoholic beverages with an average of 31.2%.
- Highest increase
- Food and non-alcoholic beverages: 31.2%
- Lowest increase
- Food and non-alcoholic beverages: 31.2%
Historical Context
Current inflation is 13.5% higher than the 5-year average of 10.3%. This approaches the highest level since records began (23.8% in 1974).
- 5-year average
- 10.3%
- 10-year average
- 10.8%
- All-time high (1974)
- 23.8%
- All-time low (1972)
- 5%
Trend
Inflation shows an upward trend. Compared to 1973, inflation has risen by +11.8 percentage point.
- Change vs. previous year
- +11.8 percentage points
- Largest monthly swing
- February: +18.5 percentage points
ECB Target
Inflation is 21.8% above the ECB target of 2.0%. This means purchasing power is declining faster than intended.
Purchasing Power
At this high inflation rate, purchasing power rapidly decreases. This has a major impact on households, especially without adequate salary increases.
What you could buy for €100 this year will cost approximately €123.80 next year at this inflation rate.
Multi-year trend
Monthly figures 1974
Inflation by category
Inflation differs per product group. Click on a category for the historical trend.
Month overview
| Month | Inflation | Difference vs. 1973 |
|---|---|---|
| January | 23.9% | +17.3 |
| February | 25.7% | +18.5 |
| March | 25.5% | +18.0 |
| April | 25.3% | +16.8 |
| May | 24.9% | +15.4 |
| June | 25.1% | +15.5 |
| July | 23.8% | +11.9 |
| August | 23.1% | +10.1 |
| September | 21.6% | +6.4 |
| October | 22.4% | +5.8 |
| November | 24.3% | +7.1 |
| December | 20.6% | -0.8 |
| Average | 23.8% |
Data source
Data from OECD. Last updated: 17/12/2025.