Fynsa
More jobs and more remittances continue to underpin domestic consumption in Mexico, driving the economy.
Financial concerns have subsided, but there are new fronts in the political and corporate governance arenas.
The main question the market is asking after the January CPI is whether this surprise puts the decline in inflation at risk.
As usual, I wanted to summarize our main projections for 2023, at the risk of being overcharged in twelve months' time.
S&P Global Mobility forecasts that passenger EV demand in 2023 will reach 10 million units, 13.3% of total demand.
The data clearly showed us that inflation is far from ceasing to be a problem.
Most baseline scenarios for 2023 assume either a soft landing or a mild recession, under the assumption that inflation will decelerate significantly and that the terminal policy rate would be in the range of 5.0% - 5.25%.
