Inflation Mexico 1996

Average inflation: 35.3%

Inflation in 1996

Inflation is very high at 35.3%, far above the ECB target.

Peak and Trough

The highest inflation was in January at 51.7%. The lowest inflation was in December at 27.7%.

Highest month
January: 51.7%
Lowest month
December: 27.7%
Difference
24.0 percentage points
Months with data
12 of 12

Historical Context

Inflation is 14.8 percentage points higher than the 5-year average of 20.5%.

5-year average
20.5%
10-year average
42.6%
All-time high (1987)
128.9%
All-time low (1994)
7%

Trend

Over the period 1994-1996, inflation shows an upward trend. Compared to 1995, inflation has risen by 0.5 percentage points.

Change vs. previous year
+0.5 percentage points
Largest monthly swing
January: +41.5 percentage points

ECB Target

Inflation is 33.3 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$135.30 next year at this inflation rate.

Multi-year trend

Monthly figures 1996

Inflation by category

Food and non-alcoholic beverages
43.5%
+8.2 vs avg.

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

Month overview

Month Inflation Difference vs. 1995
January 51.7% +41.5
February 48.9% +34.6
March 43.8% +23.4
April 36.9% +7.5
May 33.8% -0.4
June 31.8% -5.9
July 31.0% -8.9
August 30.6% -11.0
September 30.0% -13.5
October 29.0% -16.7
November 27.8% -20.7
December 27.7% -24.3
Average 35.3%

Data source

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

See also