Skip to main content

Brazil & Mexico Bi-Weekly CPI (Jan.)

The small rise in Mexico’s headline inflation rate, to 7.9% y/y, in the first two weeks of January means that there is a growing risk that Banxico delivers a bit more tightening beyond the 25bp increase, to 10.75%, that we expect at February’s meeting. Elsewhere, the fact that Brazil’s inflation rate held steady at 5.9% y/y in the first half of January provides further signs that the big falls in inflation are behind us.

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

Get access