Mexico: Ahead of Curve

  • August’s Timely Indicator of Economic Activity likely to be revised higher, albeit with mixed signals for September

  • Retail sales could rise 0.4% m/m (+6.6% y/y) in August, boosted by stronger fundamentals but limited by price pressures

  • Attention on the approval of the Revenue Law by the Lower House, with the deadline for it to go through this Thursday

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