Macro Analysis /
GlobalMexico: 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
Director of Economic Research @ Banorte
Francisco Jose Flores Serrano
Senior Economist, Mexico @ Banorte
16 July 2021
Published byBanorte
