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19th Jul 2023 20:02Latin America, Daily Monitor

  •  Activity in Mexico’s retail sector is softening, despite rapidly falling inflation and a solid job market.
  • The main culprits are tighter financial conditions and a less supportive external environment.
  • These opposite forces will remain in play in H2, but risks are gradually tilting to the downside.

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Keywords for: 21 July 2023 LatAm Monitor

Pantheon Macro, Pantheon Macroeconomics, independent macro research, independent research, ian shepherdson, economic intelligence