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  • Lower electricity tariffs and softer food prices pushed Mexico’s headline inflation back into target range.
  • Persistent services inflation and housing costs continue to delay a sustained downward trend.
  • Oil prices, USMCA uncertainty and El Niño keep inflation risks tilted upward.

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Keywords for: 10 June 2026 LatAm Monitor

independent macro research, Pantheon Macro, Pantheon Macroeconomics, independent research, ian shepherdson, economic intelligence