LatAm Daily | We are lowering our end of the year inflation forecast in Mexico
Published on Friday, July 24, 2015
LatAm Daily | We are lowering our end of the year inflation forecast in Mexico
Following the surprise to the downside, we have lowered our end of period inflation forecast to 2.5% from 2.6% previously as demand-side weakness drags down core inflation, suggesting a limited FX pass-through. In Brazil, the labour market continued deteriorating in June.
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