Analysts Delay Expectation of Rate Cuts and Now See Pressure on Exchange Rate and Inflation: Survey
2 Articles
2 Articles
The latest monthly inflation data is from February. It's not as recent, but it gives us clues about what might happen in the coming months given the new geopolitical context. My opinion on the expected trend for 2026 is not favorable. Inflation reached 4.02%, breaking a streak of many months below 4%. It's at a level outside the comfort zone of the Bank of Mexico and for analysts. Its persistence at this level is a bad sign. The components of in…
Reading time approx.: 1 minutes, 36 secondsThe specialists also estimate tension in the National Consumer Price Index (INPC) of the first fortnight of this month, when it would advance 0.33%, and 0.52% for the full month, bringing the annual rate of this period to levels of 4.24%, higher than the February record of 4.02%.The consensus of 37 analysts who participated in the Citi Mexico expectations survey on Friday differed from March to May thei…
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