Inflation Mexico 1999
Average inflation: 16.7%
Inflation in 1999
Inflation is very high at 16.7%, far above the ECB target.
Peak and Trough
The highest inflation was in January at 19.0%. The lowest inflation was in December at 12.3%.
- Highest month
- January: 19.0%
- Lowest month
- December: 12.3%
- Difference
- 6.7 percentage points
- Months with data
- 12 of 12
Historical Context
Inflation is 8.0 percentage points lower than the 5-year average of 24.7%.
- 5-year average
- 24.7%
- 10-year average
- 20.5%
- All-time high (1987)
- 128.9%
- All-time low (1994)
- 7%
Trend
Over the period 1997-1999, inflation shows a downward trend. Compared to 1998, inflation has risen by 0.8 percentage points.
- Change vs. previous year
- +0.8 percentage points
- Largest monthly swing
- December: -6.3 percentage points
ECB Target
Inflation is 14.7 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$116.70 next year at this inflation rate.
Multi-year trend
Monthly figures 1999
Inflation by category
Inflation differs per product group. Click on a category for the historical trend.
Month overview
| Month | Inflation | Difference vs. 1998 |
|---|---|---|
| January | 19.0% | +3.7 |
| February | 18.5% | +3.1 |
| March | 18.3% | +3.0 |
| April | 18.2% | +3.1 |
| May | 18.0% | +3.0 |
| June | 17.4% | +2.1 |
| July | 17.0% | +1.6 |
| August | 16.6% | +1.1 |
| September | 15.8% | -0.1 |
| October | 14.9% | -1.8 |
| November | 13.9% | -3.5 |
| December | 12.3% | -6.3 |
| Average | 16.7% |
Data source
Data from OECD. Last updated: 17/12/2025.