Inflation Mexico 2021
Average inflation: 5.7%
Current Inflation
Inflation is very high at 5.7%, far above the ECB target.
Peak and Trough
The highest inflation was in November at 7.4%. The lowest inflation was in January at 3.5%.
- Highest month
- November: 7.4%
- Lowest month
- January: 3.5%
- Difference
- 3.9 percentage points
- Months with data
- 12 of 12
Category Insights
The highest price increase was in Transport with an average of 8.1%. The lowest price increase was in Communication with an average of 0.9%.
- Highest increase
- Transport: 8.1%
- Lowest increase
- Communication: 0.9%
Historical Context
Current inflation is 1.0% higher than the 5-year average of 4.7%. This approaches the highest level since records began (6.0% in 2017).
- 5-year average
- 4.7%
- 10-year average
- 4.1%
- All-time high (2017)
- 6%
- All-time low (2015)
- 2.7%
Trend
Inflation shows an upward trend. Compared to 2020, inflation has risen by +2.3 percentage point.
- Change vs. previous year
- +2.3 percentage points
- Largest monthly swing
- December: +4.2 percentage points
ECB Target
Inflation is 3.7% 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 €105.70 next year at this inflation rate.
Multi-year trend
Monthly figures 2021
Inflation by category
Inflation differs per product group. Click on a category for the historical trend.
Month overview
| Month | Inflation | Difference vs. 2020 |
|---|---|---|
| January | 3.5% | +0.3 |
| February | 3.8% | +0.1 |
| March | 4.7% | +1.5 |
| April | 6.1% | +4.0 |
| May | 5.9% | +3.1 |
| June | 5.9% | +2.6 |
| July | 5.8% | +2.2 |
| August | 5.6% | +1.6 |
| September | 6.0% | +2.0 |
| October | 6.2% | +2.1 |
| November | 7.4% | +4.1 |
| December | 7.4% | +4.2 |
| Average | 5.7% |
Data source
Data from OECD. Last updated: 11/01/2026.