Inflation Mexico 1979

Average inflation: 18.2%

Inflation in 1979

Inflation is very high at 18.2%, far above the ECB target.

Peak and Trough

The highest inflation was in December at 20.0%. The lowest inflation was in July at 17.3%.

Highest month
December: 20.0%
Lowest month
July: 17.3%
Difference
2.7 percentage points
Months with data
12 of 12

Historical Context

Inflation is 0.9 percentage points lower than the 5-year average of 19.1%.

5-year average
19.1%
10-year average
14.7%
All-time high (1977)
29.3%
All-time low (1972)
5%

Trend

Over the period 1977-1979, inflation shows a downward trend. Compared to 1978, inflation has risen by 0.7 percentage points.

Change vs. previous year
+0.7 percentage points
Largest monthly swing
December: +3.8 percentage points

ECB Target

Inflation is 16.2 percentage points 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 MX$100 this year will cost approximately MX$118.20 next year at this inflation rate.

Multi-year trend

Monthly figures 1979

Inflation by category

Food and non-alcoholic beverages
18.6%
+0.4 vs avg.

Inflation differs per product group. Click on a category for the historical trend.

Month overview

Month Inflation Difference vs. 1978
January 17.7% -1.8
February 17.7% -0.9
March 18.0% +0.2
April 17.8% +0.5
May 18.2% +0.7
June 17.9% +0.3
July 17.3% -1.0
August 17.9% +0.8
September 18.0% +1.7
October 18.6% +1.7
November 18.9% +2.1
December 20.0% +3.8
Average 18.2%

Data source

Data from OECD. Last updated: 17/12/2025.

See also