Latin America Economics

Latin America Data Response

9 July, 2018

Mexico Consumer Prices (Jun.)

The small rise in Mexican inflation, to 4.6% y/y last month, from 4.5% y/y in June, was due almost entirely to a rise in energy inflation, while core inflation fell to an 18-month low. The next interest rate decision will hinge largely on moves in the currency market, and by extension developments on the trade front. But as things stand, with the peso strengthening and core inflation easing, it is looking more likely that Banxico will leave rates on hold rather than hike rates again at its next meeting.

Access this publication and more, take our free trial subscription today.

Free Trial

Already a subscriber? Simply log in to view this article.

Save to Library

New Book

Making a Success of Brexit
and Reforming the EU

by Roger Bootle

"Outstanding - engaging - absorbing"
Daily Telegraph

Buy now on Amazon
We use cookies to ensure you get the best experience on our website. Read our Cookie Policy for more information.