Inflation Mexico 1989
Average inflation: 20.3%
Current Inflation
Inflation is very high at 20.3%, far above the ECB target.
Peak and Trough
The highest inflation was in January at 34.6%. The lowest inflation was in July at 16.8%.
- Highest month
- January: 34.6%
- Lowest month
- July: 16.8%
- Difference
- 17.8 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 22.1%. The lowest price increase was in Food and non-alcoholic beverages with an average of 22.1%.
- Highest increase
- Food and non-alcoholic beverages: 22.1%
- Lowest increase
- Food and non-alcoholic beverages: 22.1%
Historical Context
Current inflation is 63.1% lower than the 5-year average of 83.4%.
- 5-year average
- 83.4%
- 10-year average
- 69.9%
- All-time high (1987)
- 128.9%
- All-time low (1972)
- 5%
Trend
Inflation shows a downward trend. Compared to 1988, inflation has fallen by +105.1 percentage point.
- Change vs. previous year
- -105.1 percentage points
- Largest monthly swing
- March: -154.7 percentage points
ECB Target
Inflation is 18.3% 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 €120.30 next year at this inflation rate.
Multi-year trend
Monthly figures 1989
Inflation by category
Inflation differs per product group. Click on a category for the historical trend.
Month overview
| Month | Inflation | Difference vs. 1988 |
|---|---|---|
| January | 34.6% | -142.2 |
| February | 25.9% | -153.8 |
| March | 21.1% | -154.7 |
| April | 19.2% | -142.2 |
| May | 18.5% | -129.3 |
| June | 17.6% | -118.2 |
| July | 16.8% | -105.0 |
| August | 16.8% | -90.1 |
| September | 17.3% | -77.9 |
| October | 18.1% | -63.5 |
| November | 18.2% | -52.3 |
| December | 19.7% | -32.0 |
| Average | 20.3% |
Data source
Data from OECD. Last updated: 17/12/2025.