Published on Wednesday, March 25, 2015

LatAm Daily | Inflation in Mexico but with no evidence of FX pass-through

Summary

The downside surprise in inflation in the first forthright of March was driven by core inflation. The March print is likely to confirm the weak evolution of core inflation during the first quarter against a backdrop of a depreciating currency, which suggests that internal demand remains rather weak.

Geographies

Topics

Authors

Cecilia Posadas BBVA Research - Principal Economist
Enestor Dos Santos BBVA Research - Principal Economist
Jorge Redondo
Jorge Selaive
Juana Téllez BBVA Research - Chief Economist
Carlos Serrano BBVA Research - Chief Economist
Hugo Perea BBVA Research - Chief Economist

Documents and files


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Report (PDF)

67413_69460.pdf

English - March 25, 2015

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