Pantheon Macroeconomics

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24th Mar 2023 16:37Latin America, Weekly Monitor

  • Banxico likely will hike rates by 25bp on Thursday; it will be a mistake, as inflation pressures are easing.
  • CPI inflation fell to 7.1% in March, from 7.5% in February, returning to the level forecast by policymakers.
  • Data suggest that core inflation will continue to head south, despite decent economic activity in Q1. 

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Keywords for: 27 Mar 2023 LatAm Monitor

banxico, core inflation, economic activity, inflation, inflation pressures, latam, Pantheon Macro, Pantheon Macroeconomics, independent macro research, independent research, ian shepherdson, economic intelligence