Macro Analysis /

Mexico: 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
Juan Carlos Alderete Macal

Director of Economic Research

Francisco Jose Flores Serrano
Francisco Jose Flores Serrano

Senior Economist, Mexico

15 July 2022
Published byBanorte


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