Macro Analysis /
GlobalMexico: Ahead of the Curve
We expect 1H July’s CPI 0.38% 2w/2w (8.10% y/y), with both processed and fresh food still pressured
June’s activity forecast will face headwinds (higher inflation, contagions up). May’s figure would be downside revised
Other releases include May’s retail sales and the weekly international reserves report
Juan Carlos Alderete Macal
Director of Economic Research @ Banorte
Francisco Jose Flores Serrano
Senior Economist, Mexico @ Banorte
15 July 2022
Published byBanorte
