Macro Analysis /
GlobalMexico: Ahead of the Curve
We expect Banxico to hike the rate by 50bps to 6.50%, keeping a hawkish tone amid a more complex inflation outlook
Inflation in 1H-March CPI to be impacted by higher energy prices, with the headline print at 0.59% 2w/2w (7.40% a/a)
Other indicators to be released include aggregate supply and demand for 4Q21 and January’s retail sales and GDP-proxy
Juan Carlos Alderete Macal
Director of Economic Research @ Banorte
Francisco Jose Flores Serrano
Senior Economist, Mexico @ Banorte
18 March 2022
Published byBanorte
