Macro Analysis /

Mexico: 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
Juan Carlos Alderete Macal

Director of Economic Research

Francisco Jose Flores Serrano
Francisco Jose Flores Serrano

Senior Economist, Mexico

3 June 2022
Published byBanorte


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