Inflation Mexico 1997
Average inflation: 20.8%
Current Inflation
Inflation is very high at 20.8%, far above the ECB target.
Peak and Trough
The highest inflation was in January at 26.4%. The lowest inflation was in December at 15.7%.
- Highest month
- January: 26.4%
- Lowest month
- December: 15.7%
- Difference
- 10.7 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 19.4%. The lowest price increase was in Food and non-alcoholic beverages with an average of 19.4%.
- Highest increase
- Food and non-alcoholic beverages: 19.4%
- Lowest increase
- Food and non-alcoholic beverages: 19.4%
Historical Context
Current inflation is 0.7% lower than the 5-year average of 21.5%.
- 5-year average
- 21.5%
- 10-year average
- 31.8%
- All-time high (1987)
- 128.9%
- All-time low (1994)
- 7%
Trend
Inflation shows a downward trend. Compared to 1996, inflation has fallen by +14.5 percentage point.
- Change vs. previous year
- -14.5 percentage points
- Largest monthly swing
- January: -25.3 percentage points
ECB Target
Inflation is 18.8% 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 €120.80 next year at this inflation rate.
Multi-year trend
Monthly figures 1997
Inflation by category
Inflation differs per product group. Click on a category for the historical trend.
Month overview
| Month | Inflation | Difference vs. 1996 |
|---|---|---|
| January | 26.4% | -25.3 |
| February | 25.6% | -23.3 |
| March | 24.5% | -19.3 |
| April | 22.3% | -14.6 |
| May | 21.2% | -12.6 |
| June | 20.3% | -11.5 |
| July | 19.7% | -11.3 |
| August | 19.2% | -11.4 |
| September | 18.8% | -11.2 |
| October | 18.2% | -10.8 |
| November | 17.8% | -10.0 |
| December | 15.7% | -12.0 |
| Average | 20.8% |
Data source
Data from OECD. Last updated: 17/12/2025.