The Investor
09 Jul 2026, 13:42
Mexico Inflation Slows More Than Expected in June, Strengthening Case for Further Rate Cuts
Mexico's inflation cooled more than expected in June, reinforcing expectations that the country's central bank could continue easing monetary policy in the coming months.
Mexico's Inflation Falls Below Forecasts
Consumer prices fell 0.27% month over month in June, exceeding expectations for a 0.13% decline and following a 0.21% decrease in May.
On an annual basis, inflation slowed to 3.37%, below the market consensus of 3.52% and down from 3.94% in the previous month. The reading brings headline inflation closer to Banco de México's target range and suggests price pressures continue to ease.
Mexico's inflation cooled more than expected in June, reinforcing expectations that the country's central bank could continue easing monetary policy in the coming months.
Mexico's Inflation Falls Below Forecasts
Consumer prices fell 0.27% month over month in June, exceeding expectations for a 0.13% decline and following a 0.21% decrease in May.
On an annual basis, inflation slowed to 3.37%, below the market consensus of 3.52% and down from 3.94% in the previous month. The reading brings headline inflation closer to Banco de México's target range and suggests price pressures continue to ease.
