LatAm Daily | Inflation in Mexico but with no evidence of FX pass-through
Published on Wednesday, March 25, 2015
LatAm Daily | Inflation in Mexico but with no evidence of FX pass-through
Summary
The downside surprise in inflation in the first forthright of March was driven by core inflation. The March print is likely to confirm the weak evolution of core inflation during the first quarter against a backdrop of a depreciating currency, which suggests that internal demand remains rather weak.
Geographies
- Geography Tags
- Latin America
- Mexico
Topics
- Topic Tags
- Macroeconomic Analysis
Authors
Cecilia Posadas
BBVA Research - Principal Economist
Enestor Dos Santos
BBVA Research - Principal Economist
Jorge Redondo
Jorge Selaive
Juana Téllez
BBVA Research - Chief Economist
Carlos Serrano
BBVA Research - Chief Economist
Hugo Perea
BBVA Research - Chief Economist