January 06, 2025 11:54 GMT
MEXICO: Consumer Confidence, Focus On CPI Inflation, Banxico Minutes This Week
MEXICO
- Domestic vehicle sales figures for December will be released at 1200GMT(0700ET), alongside December consumer confidence numbers. ANTAD same-store sales data for December are also due sometime in the coming days, possibly today. Later this week, focus will turn to December CPI inflation figures and the Banxico minutes to last month’s MPC meeting on Thursday, followed by November IP figures on Friday.
- Dec. Consumer Confidence, prior 47.7
- Dec. Vehicle Domestic Sales, prior 147,971
- Meanwhile, Bloomberg reports that the government is expected to come to the market as soon as this week, with a USD bond offer.
- In other news, Mexican crude oil exports fell in 2024 to their lowest since at least 2018, according to Bloomberg, as oil production fell to a multi-year low and domestic consumption rose. Ships loaded 882k b/d, according to the report, down 20% from 2023. Meanwhile, Pemex 2024 crude production is set to be the lowest in data going back to 1990.
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