Macro Analysis /
Global

Mexico: Ahead of the Curve

  • Attention on Banxico’s minutes, with focus on comments about inflation and the two dissenters

  • 2Q21 GDP to be revised up to 1.7% q/q (+20.0% y/y), with strength in services offsetting for weaker industry

  • We see low inflation in 1H-August (+0.03% 2w/2w), pushed down as the price ceiling for LP gas came into effect

Juan Carlos Alderete Macal
Juan Carlos Alderete Macal

Director of Economic Research

Francisco Jose Flores Serrano
Francisco Jose Flores Serrano

Senior Economist, Mexico

Banorte
20 August 2021
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