Scotiabank
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
