Macro Analysis /
GlobalMexico: Banxico Survey – Strong revisions for inflation in 2021 continue
2021’s GDP was adjusted by +20bps to 6.0%, with 2022 also higher at 2.9%
Inflation for 2021 stands now at 6.0%, 40bps above the previous print and accumulating +240bps in the last 6 months
The reference rate for YE21 is expected at 5.00%, with the exchange rate for the same period at USD/MXN 20.38
Juan Carlos Alderete Macal
Director of Economic Research @ Banorte
Francisco Jose Flores Serrano
Senior Economist, Mexico @ Banorte
2 August 2021
Published byBanorte
