Macro Analysis /
Global

Mexico: Ahead of the Curve

  • We expect August’s inflation at 0.21% m/m, benefited by the price ceiling on LP gas. The annual rate would fall to 5.62%

  • Industrial production in July to post a mild 0.3% m/m rebound, driven by construction and manufacturing

  • Attention on the 2022 Budget by the MoF, June’s GFI and consumption and August’s wage negotiations

Juan Carlos Alderete Macal
Juan Carlos Alderete Macal

Director of Economic Research

Francisco Jose Flores Serrano
Francisco Jose Flores Serrano

Senior Economist, Mexico

Banorte
3 September 2021
Published by