Inflation rate in Mexico
Annual inflation in Mexico was 3.5% in September 2026: consumer prices compared with the same month a year earlier. The month before, it was 3.3%.
Inflation by month in Mexico
Monthly figures: national statistics compiled by the Bank for International Settlements (consumer prices, change on a year earlier).
Inflation by year in Mexico
| Year | Inflation |
|---|---|
| 2025 | 3.8% |
| 2024 | 4.7% |
| 2023 | 5.5% |
| 2022 | 7.9% |
| 2021 | 5.7% |
| 2020 | 3.4% |
| 2019 | 3.6% |
| 2018 | 4.9% |
| 2017 | 6.0% |
| 2016 | 2.8% |
| 2015 | 2.7% |
| 2014 | 4.0% |
| 2013 | 3.8% |
| 2012 | 4.1% |
| 2011 | 3.4% |
| 2010 | 4.2% |
| 2009 | 5.3% |
| 2008 | 5.1% |
| 2007 | 4.0% |
| 2006 | 3.6% |
| 2005 | 4.0% |
| 2004 | 4.7% |
| 2003 | 4.5% |
| 2002 | 5.0% |
| 2001 | 6.4% |
Yearly figures: World Bank, inflation, consumer prices (annual %).
The real interest rate is the central bank’s policy rate minus the latest inflation rate: a plain difference, not a forecast.
Frequently asked questions
What is the inflation rate in Mexico?
Annual inflation in Mexico was 3.5% in September 2026 (consumer prices compared with a year earlier).
What was the inflation rate in Mexico in 2025?
Inflation in Mexico was 3.8% in 2025 (World Bank, consumer prices, annual average).
What was the inflation rate in Mexico in 2020?
Inflation in Mexico was 3.4% in 2020 (World Bank, consumer prices, annual average).
What was the inflation rate in Mexico in 2015?
Inflation in Mexico was 2.7% in 2015 (World Bank, consumer prices, annual average).
What is the real interest rate in Mexico?
The policy rate is 6.50% and inflation 3.5%, so the real interest rate is about 3.0%.
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