Mexico Annual Inflation Rate
Mexico's annual inflation rate fell to 4.72% in 2024, down from 5.53% in 2023, according to World Bank. This represents a decrease of 0.81% from the previous year. Mexico has annual inflation rate higher than the global median (4.72% vs median 3.16%). Compared with the median in Americas, Mexico is higher (4.72% vs regional median 3.29%) and ranks 8th out of 35 countries in Americas.
Yearly Historical Data (1960-2024)
(in %)Mexico Annual Inflation Rate : Definition
Annual Inflation Rate measures the yearly percentage increase in consumer prices in Mexico.