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18th Apr 2024 18:19Latin America, Weekly Monitor

  • Retail sales in Mexico performed poorly in Q1, due mainly to tighter financial conditions.
  • The bad news won’t last; the sector will be supported by falling inflation and lower rates.
  • The outlook, however, will likely be tempered by remittance trends and external risks.

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Keywords for: 22 April 2024 LatAm Monitor

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