Mexiconews

Mexico’s annual headline inflation rate fell for a second consecutive month in May, declining to 3.94% from 4.45% in April, according to the national statistics agency INEGI. The headline rate was thus within the Bank of Mexico’s 2-4% target range for the first time since January, when annual inflation was 3.79%. The 3.94% reading for March was below the 4.03% median estimate of 15 analysts polled by Reuters . INEGI also reported on Tuesday that consumer prices declined 0.21% in May from April, the first month-over-month drop in two years. Mexico’s annual core inflation rate, which excludes some volatile food and energy prices, was 4.19% in May, down from 4.26% in April. The publication of the inflation data for May comes after the Bank of Mexico cut its benchmark interest rate by 25 basis points to 6.50% at the start of last month . The central bank said at the time that its governing board estimated that it would be “appropriate to maintain the reference r...

Last week, a statistical forecast built by economists and data analysts gave Mexico a lowly 0.8% chance of winning the World Cup. Over the weekend, the Guadalajara Zoo countered with a far softer model: Elephants, gorillas, giraffes, capybaras and even a puma and a macaw making their own World Cup predictions in front of gaggles of curious visitors. A puma named Muluk sniffed objects and moved a ball to predict South Korea beating Czechia in this Thursday’s matchup. (Fernando Carranza García/Cuartoscuro) The animals picked winners — mostly for the four matches scheduled at Guadalajara Stadium — by choosing between food, shirts, boxes and soccer balls linked to the different teams. The exercise was meant as a playful, not a serious forecast. Ashanti, a 40-year-old elephant, leaned toward Mexico over South Africa in the tournament’s very first game, 1 p.m. Thursday at Azteca Stadium, which FIFA has branded Mexico City Stadium for the World Cup. El Tri, the Mexican national team, ...

Tropical Storm Boris is bearing down on Mexico’s Pacific coast, where it is due to make landfall on Monday evening and is forecast to bring heavy rain, flooding and possible mudslides to coastal areas of the states of Guerrero and Oaxaca. The National Meteorological Service (SMN) issued an alert for torrential rains and President Claudia Sheinbaum activated civil protection plans that will be carried out by the Navy and the Defense Ministry. In a map from Mexico’s National Meteorological Service (SMN), the red outlines indicate where Boris and another storm now off the coast of Central America are expected to be by Tuesday. (SMN-Conagua/Gobierno de México) As of 7:30 a.m. Monday, Boris was located about 85 miles (135 kilometers) southeast of Acapulco and 50 miles (80 kilometers) southwest of Punta Maldonado, according to the Miami-based U.S. National Hurricane Center. The storm had maximum sustained winds of 40 mph (65 kph) and was expected to veer away from its northeast trac...

Puerto Vallarta and the wider Nayarit region are continuing to see activity across city programs, public events, sports achievements and environmental initiatives.  Recent announcements highlighted developments ranging from municipal tax forgiveness incentives and large-scale community events to international environmental recognition and athletic success on the national level. Plus, the city is staging free World Cup match broadcasts and other fun events that locals, expats and visitors alike can enjoy. Puerto Vallarta municipal tax forgiveness program offers 90% discounts (NoticiasPV.com) Puerto Vallarta residents with outstanding municipal tax debts now have an opportunity to significantly reduce what they owe under a new city incentive program. The initiative offers discounts of up to 90% on surcharges and enforcement-related fees, aiming to help taxpayers regularize their accounts while improving municipal revenue collection. To participate, residents must either pay their fu...

The week of June 1 in Mexico began with the buzz of another World Cup milestone. La Paz on Saturday set a Guinness World Record with a soccer-themed interactive mural , while Mexico City Mayor Clara Brugada put the finishing touches on a major parade announced for June 13 . Against the backdrop of festive preparations, the first week of June proved to be one of the most charged of Claudia Sheinbaum’s presidency: a landmark sovereignty speech, an escalating diplomatic spat with Washington and a rare statement from former president AMLO indicated a growing impatience with what Mexico City increasingly views as Washington’s overreach into sovereign affairs. Didn’t have time to catch this week’s top stories? Here’s what you missed. Sheinbaum draws the line at Sunday rally Mexico “is not anyone’s piñata.” With those words, President Claudia Sheinbaum opened the most combative chapter yet of her relationship with the United States, delivering a forceful 65-mi...

The U.S. Department of Agriculture (USDA) this week confirmed the presence of a New World screwworm (NWS) in Zavala County, Texas. The report comes just five days after the USDA announced that a parasitic fly was found in a young sheep in the Mexican state of Coahuila within 31 miles (50 km) of the U.S. border. 🚨 With the recent detection of New World screwworm in a 3-week-old bovine in Zavala County, TX, USDA urges residents to contact your veterinarian right away if you see any suspicious wounds, maggots, or infestations in your animals or herd. If you see signs of maggot… pic.twitter.com/lxxsjIgDcb — Dept. of Agriculture (@USDA) June 4, 2026 Until this week, that was the closest the ​parasite had come to the U.S. during the ongoing outbreak, which has been steadily tracking north from Central America and through Mexico for more than a year despite a sprawling effort by USDA and Mexico to contain the pest. In a statement released on Wednesday , the USDA said the affected ani...