The data illustrates the average inflation rate in Mexico from 2012 to 2017, with projections up until 2022. The inflation rate measures price changes for a fixed basket of goods which includes a representative selection of goods and services. In 2017, Mexico's average inflation rate was around 6.04% compared to the previous year.
Mexico’s economy
Mexico’s gross domestic product has been increasing slightly over the last decade, however, its national debt still amounts to almost half of its GDP. The majority of Mexico’s GDP is yielded by the services sector, as a look at the distribution of gross domestic product in Mexico by sector shows.
