Mexico City. Inflation in Mexico is falling, but “the work is not finished,” emphasized Galia Borja, deputy governor of the Bank of Mexico. The most recent reading, from March, showed that the national consumer price index advanced 4.42 percent annually, far from the levels above more than 8 percent that it reached in the second half of 2022, “but there is still a lot to do “said the official.
Within the framework of the 87th Banking Convention, Galia Borja considered that a disinflationary process is observed from the maximum of 8.7 percent that the national consumer price index reached in August 2022, but the work is not finished. Derived from a global inflationary cycle, the increase in goods and services that are not so prone to change persists.
The Bank of Mexico is attentive to the different economic indicators, both internal and external, to calibrate monetary policy. Until we bring it to the official objective of 3 percent, with a range of one percentage point, the task is not finished.
Before, three economists: Gabriela Siller, director of Economic Analysis at Grupo Financiero Base; Jessica Roldán, director of Economic Analysis at Casa de Bolsa Finamex, and Pamela Díaz, chief economist at BNP Paribas; They commented on the forecasts of economic metrics for this and the following year; among them the exchange rate, inflation and interest rates, but there were no divergences in the political forecasts.
Halfway through the presidential campaign is already a certainty for analysts. The candidate of Morena, PT and PVEM, Claudia Sheinbaum, will win the elections and, unless 65 percent of the electorate votes, above the participation registered six years ago, a different result is not predicted.
“I believe that Morena will win the election for the presidency of the Republic, according to how the polls are, unless 65 percent of the electorate votes and only then would Xóchitl win,” declared Gabriela Siller, director of Economic Analysis. of Grupo Financiero Base.
“The election is won by the candidate of the government coalition, I think it will be competitive and more interesting because we must add to the equation the election in the Congress of the Union and the governorships,” declared Pamela Díaz, chief economist of BNP Paribas. . The same as Jessica Roldán, director of economic analysis at Casa de Bolsa Finamex; “I believe that the presidential election will be won by Morena and I believe that she will be more competitive,” she responded, also to a direct question from Gabriel Casillas, chief economist for Latam at Barclays.
#inflation #Mexico #work #finished #BdeM
– 2024-04-23 13:46:58
