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22nd Nov 2023 18:48Latin America, Daily Monitor

  • Mexican retail sales volumes fell in September for the third consecutive month, and will continue to decline.
  • Leading indicators point to a broad-based slowdown in Q4 and Q1, as tighter financial conditions bite.
  • This, coupled with rapidly easing core inflation pressures, will allow Banxico to cut soon.

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Keywords for: 24 November 2023 LatAm Monitor

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