Macro Analysis /
Global

Mexico: Ahead of the Curve

  • We expect Banxico to hike the reference rate by 25bps to 4.75%. The vote will likely be divided once again

  • The monthly GDP-proxy will rise 1.0% m/m in July, a modest rebound considering a challenging backdrop

  • Other indicators include August’s trade balance, remittances, credit and public finances, and September’s PMIs

Juan Carlos Alderete Macal
Juan Carlos Alderete Macal

Director of Economic Research

Francisco Jose Flores Serrano
Francisco Jose Flores Serrano

Senior Economist, Mexico

Banorte
24 September 2021
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