Mexico's annual headline inflation rate decreased to 3.94% in May, falling within the Bank of Mexico's 2-4% target range for the first time since January. Consumer prices also saw a monthly decline of 0.21%.

<p>The headline rate is within the Bank of Mexico's 2-4% target range for the first time since January, when annual inflation was 3.79%.</p> <p>The post <a href="https://mexiconewsdaily.com/news/mexico-inflation-rate-may/">Mexico&#8217;s inflation rate dropped below 4% in May</a> appeared first on <a href="https://mexiconewsdaily.com">Mexico News Daily</a></p> <p>Mexico&#8217;s annual headline inflation rate fell for a second consecutive month in May, declining to 3.94% from 4.45% in April, acco...