Slight improvement in economic growth and inflation expectations
Mexico.- After the last revision of forecasts made by financial market analysts, inflation expectations for Mexico dropped a little, and economic growth expectations posted a slight improvement.
The report disclosed by Banamex Press Area says that, in general terms, inflation is expected to reach 3.75% by the end of 2012. The consensus forecasts semi-monthly variations of 0.17% and 0.19% for the general and underlying indexes respectively by the end of March; when compared to February, the variation is expected to be 0.22% and 0.30%.
As far as economic growth perspectives is concerned, forecasts for year end went up from 3.20% to 3.27%; Mexican Peso/US Dollar rate of exchange scenario is MXP$12.60/US$1.
Source: Miscellaneous | Date: 23/03/2012