Inflation Mexico 1978
Average inflation: 17.5%
Current Inflation
Inflation is very high at 17.5%, far above the ECB target.
Peak and Trough
The highest inflation was in January at 19.5%. The lowest inflation was in December at 16.2%.
- Highest month
- January: 19.5%
- Lowest month
- December: 16.2%
- Difference
- 3.3 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 16.5%. The lowest price increase was in Food and non-alcoholic beverages with an average of 16.5%.
- Highest increase
- Food and non-alcoholic beverages: 16.5%
- Lowest increase
- Food and non-alcoholic beverages: 16.5%
Historical Context
Current inflation is 2.8% lower than the 5-year average of 20.3%.
- 5-year average
- 20.3%
- 10-year average
- 14.3%
- All-time high (1977)
- 29.3%
- All-time low (1972)
- 5%
Trend
Inflation shows an upward trend. Compared to 1977, inflation has risen by -11.8 percentage point.
- Change vs. previous year
- -11.8 percentage points
- Largest monthly swing
- August: -17.2 percentage points
ECB Target
Inflation is 15.5% 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 €117.50 next year at this inflation rate.
Multi-year trend
Monthly figures 1978
Inflation by category
Inflation differs per product group. Click on a category for the historical trend.
Month overview
| Month | Inflation | Difference vs. 1977 |
|---|---|---|
| January | 19.5% | -9.3 |
| February | 18.6% | -10.6 |
| March | 17.8% | -12.4 |
| April | 17.3% | -13.9 |
| May | 17.5% | -14.0 |
| June | 17.6% | -14.9 |
| July | 18.3% | -14.6 |
| August | 17.1% | -17.2 |
| September | 16.3% | -15.9 |
| October | 16.9% | -9.2 |
| November | 16.8% | -5.2 |
| December | 16.2% | -4.5 |
| Average | 17.5% |
Data source
Data from OECD. Last updated: 17/12/2025.