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Reporting on key macro data at the time of release.
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- Inflation, econ activity, markets pose major challenges
- Mexico needs orderly adjustment for change in relative prices
- Mexico economic activity has downside risks
- Banxico sees extensive slack in Mexico's economy
- CPI trajectory similar to Banxico's previous forecasts
- Core inflation set to hit 3% in Q3
- Balance of risks for CPI trajectory uncertain
- Mexico headline CPI to accelerate in Q2 (all bbg)