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Mexico's annual inflation rate accelerated in May and moved above the upper end of the central bank's target range, according to official data released on June 9. Both the headline and core readings came in slightly above market forecasts.
The result makes the central bank's next rate decisions less certain.
Higher inflation and uncertainty over Banxico's path can weigh on the peso and on Mexican consumer demand for meat and dairy. The direct effect on grain and meal prices is limited.
reuters.comAida Pelaez-fernandezJun 9, 2025Not enough comparable past events yet for a historical read.
Moves of each commodity's benchmark from the last close before the event. Historical reads pool past events of the same kind; they describe what happened, not what will. Not investment advice.
