Mexico’s inflation drops to 5.06% in June, reaching lowest level since March 2021

Mexico’s annual inflation rate dropped to 5.06% in June, reaching its lowest level since March 2021, according to the National Institute of Statistics and Geography (Inegi). This figure, below market expectations, indicates a fifth consecutive month of decline after May’s 5.84% rate and a reduction from January’s 7.91% rate at the start of the year. […]

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