Macro Analysis /
GlobalMexico: Ahead of the Curve
May’s CPI to climb 0.15% m/m, with positive seasonality from electricity and the Hot Sale offsetting for hikes in food
IP in April to decline 0.1% m/m (1.4% y/y) with construction down and despite a rebound in manufacturing and mining
Other releases include March’s GFI and consumption, as well as May’s wage negotiations and the private sector survey
Juan Carlos Alderete Macal
Director of Economic Research @ Banorte
Francisco Jose Flores Serrano
Senior Economist, Mexico @ Banorte
3 June 2022
Published byBanorte
