Mexico | Consumer price index (2010 = 100)
Consumer price index reflects changes in the cost to the average consumer of acquiring a basket of goods and services that may be fixed or changed at specified intervals, such as yearly. The Laspeyres formula is generally used. Data are period averages. Development relevance: A general and continuing increase in an economy’s price level is called inflation. The increase in the average prices of goods and services in the economy should be distinguished from a change in the relative prices of individual goods and services. Generally accompanying an overall increase in the price level is a change in the structure of relative prices, but it is only the average increase, not the relative price changes, that constitutes inflation. A commonly used measure of inflation is the consumer price index, which measures the prices of a representative basket of goods and services purchased by a typical household. The consumer price index is usually calculated on the basis of periodic surveys of consumer prices. Other price indices are derived implicitly from indexes of current and constant price series. Limitations and exceptions: Consumer price indexes should be interpreted with caution. The definition of a household, the basket of goods, and the geographic (urban or rural) and income group coverage of consumer price surveys can vary widely by country. In addition, weights are derived from household expenditure surveys, which, for budgetary reasons, tend to be conducted infrequently in developing countries, impairing comparability over time. Although useful for measuring consumer price inflation within a country, consumer price indexes are of less value in comparing countries. Statistical concept and methodology: Consumer price indexes are constructed explicitly, using surveys of the cost of a defined basket of consumer goods and services.
Publisher
The World Bank
Origin
United Mexican States
Records
63
Source
Mexico | Consumer price index (2010 = 100)
1960 0.01290455
1961 0.01311215
1962 0.01326936
1963 0.01334819
1964 0.01366026
1965 0.01414766
1966 0.0147441
1967 0.01518892
1968 0.01554342
1969 0.01606677
1970 0.01687066
1971 0.01779332
1972 0.01867296
1973 0.02092902
1974 0.02590678
1975 0.02977843
1976 0.03449078
1977 0.04451523
1978 0.05228638
1979 0.06179792
1980 0.0780827
1981 0.09989413
1982 0.15874519
1983 0.32046674
1984 0.53020841
1985 0.83639553
1986 1.55764715
1987 3.61105263
1988 7.73351188
1989 9.2808234
1990 11.75431806
1991 14.41812387
1992 16.65407157
1993 18.27808677
1994 19.551304
1995 26.39411793
1996 35.46798894
1997 42.78348465
1998 49.59820709
1999 57.82437574
2000 63.31281192
2001 67.34440594
2002 70.73231938
2003 73.94844729
2004 77.41545284
2005 80.50282534
2006 83.42464932
2007 86.73397923
2008 91.1790807
2009 96.00916106
2010 100
2011 103.40737825
2012 107.65898275
2013 111.75690425
2014 116.24798518
2015 119.41067512
2016 122.78009551
2017 130.19780248
2018 136.57664871
2019 141.54252297
2020 146.35048774
2021 154.67667209
2022 166.89036932
Mexico | Consumer price index (2010 = 100)
Consumer price index reflects changes in the cost to the average consumer of acquiring a basket of goods and services that may be fixed or changed at specified intervals, such as yearly. The Laspeyres formula is generally used. Data are period averages. Development relevance: A general and continuing increase in an economy’s price level is called inflation. The increase in the average prices of goods and services in the economy should be distinguished from a change in the relative prices of individual goods and services. Generally accompanying an overall increase in the price level is a change in the structure of relative prices, but it is only the average increase, not the relative price changes, that constitutes inflation. A commonly used measure of inflation is the consumer price index, which measures the prices of a representative basket of goods and services purchased by a typical household. The consumer price index is usually calculated on the basis of periodic surveys of consumer prices. Other price indices are derived implicitly from indexes of current and constant price series. Limitations and exceptions: Consumer price indexes should be interpreted with caution. The definition of a household, the basket of goods, and the geographic (urban or rural) and income group coverage of consumer price surveys can vary widely by country. In addition, weights are derived from household expenditure surveys, which, for budgetary reasons, tend to be conducted infrequently in developing countries, impairing comparability over time. Although useful for measuring consumer price inflation within a country, consumer price indexes are of less value in comparing countries. Statistical concept and methodology: Consumer price indexes are constructed explicitly, using surveys of the cost of a defined basket of consumer goods and services.
Publisher
The World Bank
Origin
United Mexican States
Records
63
Source