Latam Daily | Mexico inflation in line with below Banxico’s target for the rest of 2015
Published on Friday, July 10, 2015
Latam Daily | Mexico inflation in line with below Banxico’s target for the rest of 2015
Summary
Headline inflation raised slightly less than consensus due to declines in fruit and vegetable prices. As a result, YoY inflation reached its lowest level and should bottom-out in 4Q15. We maintain our year-end forecast. In Peru, the central bank kept the MPR unchanged as expected in a context of weakness in private spending and FX pressures.
Geographies
- Geography Tags
- Latin America
- Mexico
- Peru
Topics
- Topic Tags
- Macroeconomic Analysis
Authors
Cecilia Posadas
BBVA Research - Principal Economist
Enestor Dos Santos
BBVA Research - Principal Economist
Jorge Selaive
Juana Téllez
BBVA Research - Chief Economist
Carlos Serrano
BBVA Research - Chief Economist
Hugo Perea
BBVA Research - Chief Economist
Alejandro Faci
Documents and files
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