Inflation Mexico 2008
Average inflation: 5.1%
Current Inflation
Inflation is very high at 5.1%, far above the ECB target.
Peak and Trough
The highest inflation was in December at 6.5%. The lowest inflation was in January at 3.7%.
- Highest month
- December: 6.5%
- Lowest month
- January: 3.7%
- Difference
- 2.8 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 8.1%. The lowest price increase was in Communication with an average of -1.4%.
- Highest increase
- Food and non-alcoholic beverages: 8.1%
- Lowest increase
- Communication: -1.4%
Historical Context
Current inflation is 0.8% higher than the 5-year average of 4.3%.
- 5-year average
- 4.3%
- 10-year average
- 6.3%
- All-time high (1996)
- 35.3%
- All-time low (2006)
- 3.6%
Trend
Inflation shows an upward trend. Compared to 2007, inflation has risen by +1.1 percentage point.
- Change vs. previous year
- +1.1 percentage points
- Largest monthly swing
- December: +2.7 percentage points
ECB Target
Inflation is 3.1% 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 €105.10 next year at this inflation rate.
Multi-year trend
Monthly figures 2008
Inflation by category
Inflation differs per product group. Click on a category for the historical trend.
Month overview
| Month | Inflation | Difference vs. 2007 |
|---|---|---|
| January | 3.7% | -0.3 |
| February | 3.7% | -0.4 |
| March | 4.2% | 0.0 |
| April | 4.5% | +0.5 |
| May | 4.9% | +1.0 |
| June | 5.3% | +1.3 |
| July | 5.4% | +1.3 |
| August | 5.6% | +1.6 |
| September | 5.5% | +1.7 |
| October | 5.8% | +2.1 |
| November | 6.2% | +2.3 |
| December | 6.5% | +2.7 |
| Average | 5.1% |
Data source
Data from OECD. Last updated: 11/01/2026.