Inflation surged in Jun. amid tariffs
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Inflation ticked up in Jun., here's where prices rose most
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Mexican retailers are expected to post solid second-quarter 2025 results, boosted by favorable calendar effects, though global economic risks and sticky inflation present challenges for brands in the year's second half,
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Mexico's annual inflation rate eased in June after rising for four straight months, though core prices kept climbing, fueling expectations the central bank could slow the pace of interest rate cuts, official data showed on Wednesday.
“You can only get so much in before, again, prices are going to start to rise,” Kates said. “And so, as new orders are going to start to come in over the next six months through the rest of the year, those are probably going to be imported at higher prices than what you bought yesterday.”
The U.S. is expected on Tuesday to report that rising costs for imported goods lifted overall consumer prices in June, kicking off what might be several months at least of such increases and giving Federal Reserve officials highly awaited data on whether the Trump administration's tariffs are boosting inflation.
Mexico's annual inflation rate eased in June after rising for four straight months, though core prices continued to climb, official data showed on Wednesday. Consumer prices in Mexico rose 4.32% in the year through June,
Market-implied inflation expectations were jumping on Monday as the result of President Donald Trump's weekend announcement of tariffs on the European Union and Mexico.