Mexico: Ahead of the Curve
We estimate a US$ 885.1 trade deficit in May, with a slight impact in volumes due to lockdowns in China
We expect IMEF PMIs to decline again in June, with non-manufacturing at 50.8pts but with manufacturing lower at 49.3pts
Other releases include May’s unemployment, banking credit, public finances and remittances, as the most relevant
Director of Economic Research @ Banorte
Senior Economist, Mexico @ Banorte
