Mexico: Inflation expected to continue to see near-term acceleration - TDS

Sandeep Kanihama FXStreet Contributor

Analysts at TD Securities suggest that Mexican July inflation is expected to continue to see near-term acceleration thanks to higher than expected non-core inflation prints.

Key Quotes

“While core remains restrained, Banxico should continue to take the near-term re-acceleration in the Y/Y rate in stride, particularly given that the substantial appreciation in the peso should help to anchor inflation expectations.”

Author

Sandeep Kanihama

FXStreet Contributor

Sandeep Kanihama is an FX Editor and Analyst with FXstreet having principally focus area on Asia and European markets with commodity, currency and equities coverage. He is stationed in the Indian capital city of Delhi.

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