Mexico |September inflation forecast:annual headline inflation will ease for the 5th month

Summary

Core inflation will drop for the fourth consecutive month.

Key points

• Key points:
• We expect a 0.25% MoM headline inflation print in September (2.99% YoY), with core coming in at 0.27% MoM (3.72% YoY)
• If our monthly forecasts prove correct, annual headline inflation would further slow down to 3.0% from 3.2% in August

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