MXN: It is unlikely that inflation numbers provide new information

Tonight, the Mexican Statistics Workplace will export the variety of inflation for the month of March. Nonetheless, it’s unlikely that he tells us loads of new info, as famous by analyst Foreign exchange in Komerbank, notes Mikhail Vester.

Mexico Financial institution ought to proceed to cut back costs within the coming months

First, the inflation numbers are launched each two weeks in Mexico, which signifies that we already know half of the value will increase for the month of March. Rising. “”

“Within the gentle of those figures, the Financial institution of Mexico ought to proceed to cut back the comparatively excessive rate of interest within the coming months. Nonetheless, because the market is already anticipated, the commerce conflict will increase ought to stay extra necessary for the Bibzo than the variety of native inflation at current. ”