Mexico’s Inflation Hits 4.98% in June, Surpassing Expectations

In June 2024, Mexico experienced an unexpected inflation surge, primarily driven by rising fruit and vegetable prices. This increase saw inflation jump by 0.38% compared to May, pushing the annual inflation rate to 4.98%, according to the National Institute of Statistics and Geography (Inegi). In comparison, the rate was 5.06% in June 2023. This spike […]