Pantheon Macroeconomics
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22nd Jul 2022 15:28Latin America, Daily Monitor, Weekly Monitor
Inflation in Mexico is still heading north, due chiefly to increased food prices and the reopening...
...But upside forces in key components, particularly services and energy, are stabilising or even easing.
Banxico will hike at its current 75bp pace in August, but conditions will allow slower tightening in Q4.
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