Inflation Mexico 1994
Average inflation: 7.0%
Current Inflation
Inflation is very high at 7.0%, far above the ECB target.
Peak and Trough
The highest inflation was in January at 7.5%. The lowest inflation was in August at 6.7%.
- Highest month
- January: 7.5%
- Lowest month
- August: 6.7%
- Difference
- 0.8 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 4.6%. The lowest price increase was in Food and non-alcoholic beverages with an average of 4.6%.
- Highest increase
- Food and non-alcoholic beverages: 4.6%
- Lowest increase
- Food and non-alcoholic beverages: 4.6%
Historical Context
Current inflation is 9.3% lower than the 5-year average of 16.3%. This approaches the lowest level since records began (7.0% in 1994).
- 5-year average
- 16.3%
- 10-year average
- 49.9%
- All-time high (1987)
- 128.9%
- All-time low (1994)
- 7%
Trend
Inflation shows a downward trend. Compared to 1993, inflation has fallen by +2.8 percentage point.
- Change vs. previous year
- -2.8 percentage points
- Largest monthly swing
- January: -3.8 percentage points
ECB Target
Inflation is 5.0% 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 €107.00 next year at this inflation rate.
Multi-year trend
Monthly figures 1994
Inflation by category
Inflation differs per product group. Click on a category for the historical trend.
Month overview
| Month | Inflation | Difference vs. 1993 |
|---|---|---|
| January | 7.5% | -3.8 |
| February | 7.2% | -3.7 |
| March | 7.1% | -3.3 |
| April | 7.0% | -3.1 |
| May | 6.9% | -3.1 |
| June | 6.9% | -3.0 |
| July | 6.8% | -2.9 |
| August | 6.7% | -2.9 |
| September | 6.7% | -2.8 |
| October | 6.8% | -2.3 |
| November | 6.9% | -1.8 |
| December | 7.1% | -0.9 |
| Average | 7.0% |
Data source
Data from OECD. Last updated: 17/12/2025.