Macro Analysis /

Mexico: Ahead of the Curve

  • We expect Banxico to hike +75bps (8.50%) in line with Fed’s last hike and prevalence pressures at the core inflation

  • July’s CPI to rise 0.80% m/m (8.21% a/a), with processed food still pressured and energy skewed to the upside

  • Other indicators to be released include June’s industrial production, and July’s wage negotiations and ANTAD sales

Juan Carlos Alderete Macal
Juan Carlos Alderete Macal

Director of Economic Research

Francisco Jose Flores Serrano
Francisco Jose Flores Serrano

Senior Economist, Mexico

6 August 2022
Published byBanorte


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