Inflation and the Loss of Purchasing Power in the State of Quintana Roo, Mexico

Abstract

This analysis explores inflation and the decline in purchasing power in Quintana Roo, Mexico, through a practical lens grounded in data from INEGI and the Bank of Mexico, covering the period from 2015 to 2023. Inflation, defined as the sustained rise in prices of goods and services, directly impacts household economies—particularly those with fewer resources, who spend a significant portion of their income on essential items such as food, which have experienced above-average price increases. The study examines the evolution of inflation in the region and its effect on residents’ buying capacity. It also evaluates the effectiveness of economic measures implemented to mitigate these adverse effects. Descriptive and correlation-based statistical techniques are employed to identify patterns between the Consumer Price Index (CPI), average incomes, and household spending behaviours.

Findings indicate that wage increases and government assistance have not sufficiently offset the loss in purchasing power. This has led to a decrease in consumption, negatively affecting social wellbeing and community cohesion. The analysis concludes that inflation should not be seen as an isolated incident, but rather as a structural challenge requiring ongoing and coordinated responses.

The report highlights the importance of improved coordination among economic and political actors and calls for comprehensive strategies to safeguard purchasing power and ensure price stability. It also recommends further research to investigate the varied impacts of inflation across different socio-demographic and geographic contexts, addressing the issue as a complex and persistent economic concern.