Mexico announces new CPI

Mexico announces new CPI

Mexico Economy & Policy Corporate & Sovereign Strategy

Mexico’s newly announced consumer price index, or CPI, could add more volatility to macroeconomic figures, according to a report from BNP Paribas. The volatility will come from added weight given to food items and the greater knock-on effects from FX fluctuation, Marcelo Carvalho, the French bank’s head of EM research said.Despite the revisions, the new CPI is not expected to heavily impact average inflation, Carvalho also said. BNP Paribas also left its projected inflation for Mexico at 3

Already have an account?

Free trial

Take a free two-week trial now for the latest news, data and market analysis.

Free Trial