Mexico's inflation rate has decreased to its lowest level in over six years. This development was reported by the country's statistics agency, INEGI. The data was released on a Friday.

The inflation slowdown occurred in July, according to the available information. The central bank of Mexico, often referred to as Banxico, had held interest rates steady the day before the inflation data was released. Further details on Mexico's inflation rate and the central bank's decision can be found through Reuters or the Galveston County Daily News, which reported on the development.