Latin America Data Response Mexico Bi-Weekly Consumer Prices (Nov.) Weaker-than-expected Mexican inflation in the first half of November underscores the lack of price pressures in the economy. This reinforces our view that the central bank is likely to raise interest... 24th November 2015 · 1 min read
Latin America Data Response Mexico Consumer Prices (Oct.) October’s 2.5% y/y rise in Mexican consumer prices is unlikely to change the near-term monetary policy outlook given that it was in line with expectations and unchanged from September. Instead, with a... 9th November 2015 · 1 min read
Latin America Data Response Brazil & Mexico Manufacturing PMIs (Oct.) The drop in Brazil’s manufacturing PMI in October, to a five-year low of 44.1, is an early (and ominous sign) that the country’s recession continued into Q4. Perhaps the one crumb of comfort in today... 3rd November 2015 · 1 min read
Latin America Data Response Mexico IGAE (Aug.) The 2.6% y/y rise in Mexico’s IGAE Economic Activity Indicator in August was driven by a pick-up in growth in the agriculture and services sectors. More generally, the Activity Index for July and... 26th October 2015 · 1 min read
Latin America Data Response Mexico Bi-Weekly Consumer Prices (Oct.) The 2.5% y/y rise in Mexican consumer prices in the first half of this month is unlikely to have much of a bearing on next Wednesday’s MPC meeting, given that it was in line with expectations. However... 22nd October 2015 · 1 min read
Latin America Economics Update VW scandal unlikely to dent Mexico’s car industry for long News that Mexico’s flagship Volkswagen (VW) plant has cut weekend shifts, frozen hiring and scaled back production in the wake of the emissions scandal that has engulfed the company has raised... 21st October 2015 · 1 min read
Latin America Data Response Mexico Industrial Production (Aug.) The modest 1.0% y/y rise in Mexican industrial production masked the more encouraging 3.1% y/y increase in manufacturing output. But the bigger picture is that the sector remains weak. 12th October 2015 · 1 min read
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
