Pantheon Macroeconomics
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19th Aug 2022 09:14Latin America, Daily Monitor
June’s retail sales numbers suggest that Mexican households are feeling the pain from high inflation.
Still-solid remittances from the U.S. remain the life-line for many, but downside forces are emerging.
Tighter financial conditions is also hitting consum- ers hard, but the picture will improve in Q1 next year.
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