Mexico | 1HJul CPI forecast: fruit & vegetable will prevent a decrease in annual inflation

Summary

Core inflation will likely remain sticky to the downside during 3Q19.

Key points

• Key points:
• Both headline and core inflation are likely set to remain steady in annual terms in the first half of July
• Looking ahead, headline inflation is likely to ease to 3.7% next month before falling more markedly in 4Q19

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