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Mexico’s annual inflation eases in June, but core rate climbs

Summary by WTVB
MEXICO CITY (Reuters) -Mexico’s annual inflation rate eased in June after rising for four straight months, though core prices continued to climb, official data showed on Wednesday. Consumer prices in Mexico rose 4.32% in the year through June, according to national statistics agency INEGI, roughly in line with the 4.31% expected by economists in a Reuters poll and slowing from the 4.42% reported in the previous month. Mexico’s central bank, also…

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Mexico’s annual inflation eases in June, but core rate climbs

Center

The Mexican peso appreciated this Wednesday after a local inflation report that supported the prospects that the central bank would reduce the rate of cuts to the key interest rate. The exchange rate quoted at 18,5805 pesos to the dollar, with an advance of 0.10% for the Mexican currency, in a market also attentive to the tariff announcements of President Donald Trump, after he expanded his global trade war. Mexico’s general consumer price index…

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Lean Left

After four months of consecutive increases, inflation in Mexico has shown a slight slowdown. On Wednesday, the National Consumer Price Index (INPC) was 4.32% at the annual rate at the end of June, according to the report released by the National Institute of Statistics and Geography (Inegi). In the last month, inflation reported an increase of 0.28% over what was reported in May, again outside the Bank of Mexico’s objective, which is 3% and a ra…

·Spain
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Lean Right

Inflation in Mexico slowed marginally less than expected in June, while the central bank assesses the pace of its current cycle of easing. Annual inflation slowed to 4.32 percent last month, a figure higher than the average estimated 4.30 percent by economists polled by Bloomberg, but below 4.42 percent in May. Banxico, as the central bank is known, targets inflation at 3 percent, with a variation of one percentage point.The reading, which exclu…

·Mexico
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Lean Right

Mexico’s National Consumer Price Index stood at 4.32% at year-on-year rate, down from 4.42% until May, Inegi reported.

·Mexico City, Mexico
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Bloomberg broke the news in United States on Wednesday, July 9, 2025.
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