Inflation Mexico 2002

Average inflation: 5.0%

Current Inflation

Inflation is very high at 5.0%, far above the ECB target.

Peak and Trough

The highest inflation was in December at 5.7%. The lowest inflation was in March at 4.7%.

Highest month
December: 5.7%
Lowest month
March: 4.7%
Difference
1.0 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 3.8%. The lowest price increase was in Food and non-alcoholic beverages with an average of 3.8%.

Highest increase
Food and non-alcoholic beverages: 3.8%
Lowest increase
Food and non-alcoholic beverages: 3.8%

Historical Context

Current inflation is 5.7% lower than the 5-year average of 10.7%. This approaches the lowest level since records began (5.0% in 2002).

5-year average
10.7%
10-year average
16.1%
All-time high (1987)
128.9%
All-time low (2002)
5%

Trend

Inflation shows a downward trend. Compared to 2001, inflation has fallen by +1.4 percentage point.

Change vs. previous year
-1.4 percentage points
Largest monthly swing
January: -3.3 percentage points

ECB Target

Inflation is 3.0% 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 €105.00 next year at this inflation rate.

Multi-year trend

Monthly figures 2002

Inflation by category

Food and non-alcoholic beverages
3.8%
-1.2vs avg.
More details →

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

Month overview

Month Inflation Difference vs. 2001
January 4.8% -3.3
February 4.8% -2.3
March 4.7% -2.5
April 4.7% -2.4
May 4.7% -2.3
June 4.9% -1.7
July 5.5% -0.4
August 5.3% -0.6
September 4.9% -1.2
October 4.9% -1.0
November 5.4% 0.0
December 5.7% +1.3
Average 5.0%

Data source

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

See also