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June 9, 2026

Latam Daily

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This report covers Mexico's lower-than-expected inflation data for May and analyzes the ongoing political uncertainty surrounding Peru's recent presidential election.

Key Takeaways

  • 1.Mexico headline inflation slowed to 3.94% in May, performing better than consensus expectations.
  • 2.Peru's presidential election result remains too close to call with electoral authorities still processing contested ballots.

Table of Contents

  • Latam Daily: Mexico CPI Surprises Lower, Peru's Vote Is Too Close to Call
  • MEXICO: MAY HEADLINE INFLATION SLOWS TO 3.94%, BELOW EXPECTATIONS
  • MAY PRODUCER PRICES RISE TO 2.98% Y/Y
  • MAY FORMAL EMPLOYMENT FALLS BY 29.9K JOBS
  • MAY WHOLESALE HEAVY VEHICLE SALES JUMP 20.1%
  • PERU: A COUNTRY POLITICALLY DIVIDED (ALMOST) IN HALF

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Authors

Juan Manuel HerreraJorge SelaiveEduardo SuárezRodolfo MitchellMiguel SaldañaMartha CordovaPablo Nano

Themes

Inflationary TrendsPolitical Risk

Regions

OtherMexicoPeru