2024-04-10 08:59:23
The Survey of Expectations of Private Sector Specialists made by him Bank of Mexico In March, it revised upward the inflation forecast for this year, moving the figure from 3.84% to 3.92% at the general 12-month level.
Although the results of the survey with economic specialists show few changes in the main macro variables, the most notable is perhaps a downward adjustment in the median for the exchange rate that goes from 18.31 y 19.00 pesos per dollar, respectively, the previous month to 18.10 and 18.85 pesos per dollar in March.
Jessica Roldan, chief economist at Finamex, He highlighted that there is also an upward revision in the expectation of underlying inflation at the end of the year, raising it from 4.06% to 4.15%.
Considered It is important not to lose sight of a forecast of a slight deterioration in the expectations of inflation for the end of 2026, which will have to be seen if it is maintained for subsequent surveys.
Roldán indicated that the comments of those surveyed by Banxico showed greater concern, because internal economic conditions, especially as they correspond to the absence of structural change and the lack of market competition, could hinder the growth of the economic activity in Mexico.
He said that in contrast, more respondents believe that the current situation for making investments is a little more favorable.
“Overall, the results do not seem to show changes in trend.”
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2024-04-10 08:59:23