Best viewed on a device with a bigger screen...
The Mexican economy remained relatively resilient in Q2, but momentum eased sequentially.
Downside risks will persist in the near term, forcing Banxico to slow the pace of tightening.
Core inflation, however, remains particularly sticky, complicating policymakers’ decisions.
This publication is only available to Latin America Economic Research (Monitor) subscribers
Pantheon Macroeconomics produce daily publications for U.S., Eurozone, Latin America, UK and Asia, as well as analysis on key data within a few minutes of their release.
banxico, construction, construction output, core inflation, downside risks, fed, igae, inflation expectations, inflation pressures, interest rate, July, June, manufacturing, mexican economy, monetary policy, mxn, pmis, policy, policymakers, public spending, q3, q4, rate hike, September, services activity, trade, u.s., Pantheon Macro, Pantheon Macroeconomics, independent macro research, independent research, ian shepherdson, economic intelligence