Macro Analysis /

Mexico: Ahead of Curve

  • We expect Banxico to hold the reference rate at 4.00%, with a unanimous decision amid a complex backdrop for inflation

  • Attention on IP for March, expecting a 0.9% y/y expansion (+0.5% m/m), with rebounds in utilities and manufacturing

  • Other relevant reports include GFI and private consumption for February, also showing a better performance

Juan Carlos Alderete Macal
Juan Carlos Alderete Macal

Director of Economic Research

Francisco Jose Flores Serrano
Francisco Jose Flores Serrano

Senior Economist, Mexico

7 May 2021
Published byBanorte


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