Economy & Business - July 2026

MEXICO | Inflation slows further in June. On 9 July Mexico’s national statistics institute (Inegi) released new figures for its consumer price index, showing a monthly deflation rate of 0.27% in June, while annual inflation stood at 3.37%, remaining within the central bank (Banxico)’s target of 3% ± 1.0 percentage point. This compares to monthly deflation of 0.21% in May, when the annual inflation rate stood at 3.94%. The annual rate is the lowest since December 2020. Core inflation, which excludes volatile items such as food and energy, stood at 0.24% in monthly terms and 4.03% in annual terms.