Latin America Data Response Mexico Consumer Prices (Sep.) The further fall in Mexican inflation in September, coming on the back of dovish minutes from last month’s MPC meeting published this week, and a recent appreciation of the peso against the dollar... 8th October 2015 · 1 min read
Latin America Data Response Brazil & Mexico Manufacturing PMIs (Sep.) The pick-up in Brazil’s manufacturing PMI last month, to 47.0 from 45.8 in August, was encouraging, particularly following recent early signs in the hard data that the slump in the economy may be... 1st October 2015 · 1 min read
Latin America Data Response Mexico Industrial Production (Jul.) Mexican industrial production data for July were a little stronger-than-expected. But even so, the figures suggest that the economy remained weak at the start of Q3. 11th September 2015 · 1 min read
Latin America Data Response Mexico Consumer Prices (Aug.) Mexican inflation continued to buck the regional trend in August, falling for a tenth consecutive month, to 2.6% y/y. With the headline rate falling further below target, and the peso stabilising... 9th September 2015 · 1 min read
Latin America Data Response Mexico Consumer Prices (Aug.) Mexican inflation continued to buck the regional trend in August, falling for a tenth consecutive month, to 2.6% y/y. With the headline rate falling further below target, and the peso stabilising... 9th September 2015 · 1 min read
Latin America Data Response Mexico Bi-Weekly Consumer Prices (Aug.) The drop in Mexican inflation in the first half of the month suggests that the sharp fall in the peso is still having little impact on domestic price pressures. While the recent sell-off in the... 24th August 2015 · 1 min read
Latin America Data Response Mexico GDP (Q2) Second quarter GDP data from Mexico were a bit better than expected but don’tchange the bigger picture that economic growth in the first half of the year wasdisappointingly weak. There is some... 20th August 2015 · 1 min read
Latin America Economics Update Mexico: rate hike next month not yet a done deal We appreciate that we’re going out on a limb in saying this, but we don’t think that an interest rate hike next month in Mexico is necessarily the done deal that many now seem to assume. Indeed, a... 17th August 2015 · 1 min read
Latin America Data Response Mexico Industrial Production (Jun.) A rebound in Mexican industrial production in June was always likely given the sharp fall in output in May. But the industrial sector probably made a meagre contribution to GDP growth over Q2 as a... 11th August 2015 · 1 min read
Latin America Data Response Mexico IGAE (May) Mexico’s IGAE Activity Indicator for May was weak and suggests that economic growth is on course to slow to a sluggish 2.0% y/y in Q2, from 2.5% y/y in Q1. Nevertheless, we expect the economy to... 24th July 2015 · 1 min read
Latin America Data Response Mexico Bi-Weekly Consumer Prices (Jul.) The continued decline in inflation in Mexico in the first half of this month should further dispel fears that a weaker currency will have any meaningful impact on the headline rate. With inflation... 23rd July 2015 · 1 min read
Latin America Economics Update Mexico: the costs and benefits of a weaker peso The drop in the peso to a record low against the dollar in recent weeks has rekindled concerns about what impact this will have on Mexico’s economy. In practice, however, the economics of currency... 20th July 2015 · 1 min read
Latin America Economics Update Mexico oil auctions: what to look for and what they mean Mexico’s government will tomorrow auction rights to private companies to exploit oil reserves in the Gulf of Mexico – a move that marks the first step in opening up the country’s energy sector to... 14th July 2015 · 1 min read
Latin America Data Response Mexico Industrial Production (May) The fall in Mexican industrial production in May was disappointing and almost certainly suggests that economic growth in Q2 will be even weaker than Q1’s lacklustre performance. That means the risks... 10th July 2015 · 1 min read
Latin America Data Response Mexico Consumer Prices (Jun.) June’s inflation data from Mexico contain no signs that a weaker peso is fuelling price pressures. With inflation still below target, policymakers have room to keep interest rates low even if the Fed... 9th July 2015 · 1 min read
Latin America Data Response Mexico IGAE (Apr.) & Bi-Weekly CPI (Jun.) Activity data from Mexico for April suggest that, after a weak Q1, the economy has continued to struggle at the start of Q2. In better news, inflation data to the middle of the month, also released... 24th June 2015 · 1 min read
