MNI BRIEF: China State Planner To Increase Trade-in Support

MNI China Daily Summary: Thursday, July 25

MNI BRIEF: Japan Govt Keeps Econ View, Cuts Exports

MNI: PBOC Conducts CNY200 Bln via MLF Thurs; Rate Cut

MNI: PBOC Sets Yuan Parity Lower At 7.1321 Thurs; -1.92% Y/Y

CHINA PBOC CONDUCTS CNY235.1 BILLION VIA 7-DAY REVERSE REPOS THURS

Core Goods Pipeline Pressures Pick Up On 3m/3m Basis

Aircraft-Led Durables Collapse Masks Rebound In Core Orders

MNI: BELGIUM JUL BNB BUSINESS SURVEY -12.3

RPT-MNI: Canada Sticks To Fiscal Anchors, Spends Chunk Of Windfall

© 1982-2024 MNI. All rights reserved.
Terms | Privacy
Log Out
Free Trial

Bi-Weekly Annual CPI Expected To Increase

MEXICO
  • Inflation is expected to accelerate in the first two weeks of August to 8.55% y/y from 8.14% previously, according to economists surveyed by Bloomberg. Higher core inflation and energy and government regulated inflation should lead the uptick, with lower non-processed food inflation partially offsetting the advance. Data released at 1200BST/0700ET.
    • Aug. Bi-Weekly CPI, est. 0.35%, prior 0.23%#
    • Aug. Bi-Weekly CPI YoY, est. 8.55%, prior 8.14%
    • Aug. Bi-Weekly Core CPI, est. 0.35%, prior 0.30%
    • Aug. Bi-Weekly Core CPI YoY, est. 7.82%, prior 7.75%
  • Banxico Deputy Governor Galia Borja said policy makers seek to determine a path that guides inflation to its goal rather than discussing an exact terminal rate, according to a transcript of an interview she had with Citi.
    • While discussion of a possible recession has gained ground, Borja said the latest data point to a recovery, even if it remains incomplete in Mexico.
    • Borja said it’s not prudent at the moment to talk about rate reductions given complex scenario. (BBG)
BulletEM BulletEmerging Market NewsHomepage
BulletEM BulletEmerging Market NewsHomepage

To read the full story

Close

Why MNI

MNI is the leading provider

of intelligence and analysis on the Global Fixed Income, Foreign Exchange and Energy markets. We use an innovative combination of real-time analysis, deep fundamental research and journalism to provide unique and actionable insights for traders and investors. Our "All signal, no noise" approach drives an intelligence service that is succinct and timely, which is highly regarded by our time constrained client base.

Our Head Office is in London with offices in Chicago, Washington and Beijing, as well as an on the ground presence in other major financial centres across the world.