Skip to main content

Mexico Bi-Weekly CPI (Sep.)

The stronger-than-expected Mexican inflation figure of 8.8% y/y in the first two weeks of September, coming alongside the hawkish Fed decision yesterday, means that we now think Banxico will raise interest rates by 75bp, to 9.25%, next week. We also now expect a bit more tightening in this cycle than before and think that the policy rate will reach 10.50% by early next year (previously 10.00%).

Become a member to read more

This is premium content that requires an active Capital Economics subscription to view.

Already a member?

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