Inflation Mexico 2020
Average inflation: 3.4%
Current Inflation
Inflation is high at 3.4%, well above the ECB target.
Peak and Trough
The highest inflation was in October at 4.1%. The lowest inflation was in April at 2.1%.
- Highest month
- October: 4.1%
- Lowest month
- April: 2.1%
- Difference
- 2.0 percentage points
- Months with data
- 12 of 12
Category Insights
The highest price increase was in Alcoholic beverages, tobacco and narcotics with an average of 8.8%. The lowest price increase was in Transport with an average of -1.3%.
- Highest increase
- Alcoholic beverages, tobacco and narcotics: 8.8%
- Lowest increase
- Transport: -1.3%
Historical Context
Current inflation is 0.7% lower than the 5-year average of 4.1%.
- 5-year average
- 4.1%
- 10-year average
- 3.9%
- All-time high (2001)
- 6.4%
- All-time low (2015)
- 2.7%
Trend
Inflation shows a downward trend. Compared to 2019, inflation has fallen by +0.2 percentage point.
- Change vs. previous year
- -0.2 percentage points
- Largest monthly swing
- April: -2.3 percentage points
ECB Target
Inflation is 1.4% above the ECB target of 2.0%. This means purchasing power is declining faster than intended.
Purchasing Power
At this inflation rate, purchasing power noticeably decreases. Without a salary increase, you can buy less with the same money.
What you could buy for €100 this year will cost approximately €103.40 next year at this inflation rate.
Multi-year trend
Monthly figures 2020
Inflation by category
Inflation differs per product group. Click on a category for the historical trend.
Month overview
| Month | Inflation | Difference vs. 2019 |
|---|---|---|
| January | 3.2% | -1.2 |
| February | 3.7% | -0.2 |
| March | 3.2% | -0.8 |
| April | 2.1% | -2.3 |
| May | 2.8% | -1.5 |
| June | 3.3% | -0.6 |
| July | 3.6% | -0.2 |
| August | 4.0% | +0.8 |
| September | 4.0% | +1.0 |
| October | 4.1% | +1.1 |
| November | 3.3% | +0.3 |
| December | 3.2% | +0.4 |
| Average | 3.4% |
Data source
Data from OECD. Last updated: 11/01/2026.