Macro Analysis /

Mexico: Ahead of the Curve

  • We expect inflation in 1H-January to rise 0.43% 2w/2w on pressures in energy, taking the annual comparison to 3.25%

  • The unemployment rate in December will probably decline to 4.05%, aided significantly by a positive seasonal effect

  • Attention also on INEGI’s Timely Indicator of Economic Activity, with estimates for November and December

Juan Carlos Alderete Macal
Juan Carlos Alderete Macal

Director of Economic Research

Francisco Jose Flores Serrano
Francisco Jose Flores Serrano

Senior Economist, Mexico

15 January 2021
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