The rise in Mexico’s headline and core inflation in March, to 7.45% y/y and 6.8% y/y respectively, has further to run in the near term as food and energy inflation edges higher. Broader price pressures will also remain strong, suggesting that Banxico’s tightening cycle will go further than most analysts expect.
Become a client to read more
This is premium content that requires an active Capital Economics subscription to view.
Already have an account?
You may already have access to this premium content as part of a paid subscription.
Sign in to read the content in full or get details of how you can access it
Register for free
Sign up for a free account to gain:
- Unlock additional content
- Register for Capital Economics events
- Receive email updates and economist-curated newsletters
- Request a free trial of our services