Inflation Rate Trends and Forecast for Mexico from 1990 to 2029

Inflation Rate Trends and Forecast for Mexico from 1990 to 2029

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TGM StatBox. (2024). Inflation Rate Trends and Forecast for Mexico from 1990 to 2029. TGM StatBox.
Chart Details
Timeframe: 1990-2029
Country: Mexico
Published date: 2024
Note:

The Inflation rate (average consumer prices), as defined by the International Monetary Fund (IMF), measures the annual percentage change in the average level of prices of goods and services consumed by households.

Key Takeaways

Mexico experienced high inflation in the 1990s, with rates reaching 35.1% in 1995 during the peso crisis, caused by devaluation and capital flight. Stabilization measures brought inflation down to single digits by 2000. Post-2015, inflation rose again, peaking at 7.9% in 2022, influenced by global supply chain issues and energy price spikes.

Projections indicate inflation will stabilize at 3.0% by 2026, reflecting Mexico’s improved fiscal discipline and integration into global trade networks.

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