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26 Aug 2022 LatAm Monitor Brazil's Inflation is Falling Rapidly, but it is Sticky in Mexico

Andres Abadia (Senior International Economist)24th Aug 2022 13:35Latin America, Daily Monitor

Benign global conditions, including easing supply constraints will help to push down LatAm inflation.

CPI inflation is dropping rapidly in Brazil, thanks to the government’s efforts to control key prices.

Core inflation remains sticky in Mexico; we expect a downtrend soon, but wage pressures are a threat.

banxico capex consumer spending core rate disinflation durable goods energy energy prices food prices fuel government headline inflation inflation expectations inflation picture interest rates job market labour labour markets mexico non-food goods prices oil policy q4 rate hike tax cuts transport transport prices tuition fees unemployment unemployment rate wage pressures

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