Macro Analysis /

Mexico: Ahead of the Curve

  • Inflation in 1H-July to climb 0.30% 2w/2w, with pressures in key categories. The annual figure would stand at 5.68%

  • We expect INEGI’s Timely Indicator to show an upward revision for May, with some uncertainty for June

  • Retail sales in May to rebound 0.5% m/m (+29.3% y/y), aided by better fundamentals and epidemiological conditions

Juan Carlos Alderete Macal
Juan Carlos Alderete Macal

Director of Economic Research

Francisco Jose Flores Serrano
Francisco Jose Flores Serrano

Senior Economist, Mexico

16 July 2021
Published byBanorte


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