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Economic Activity Data Due, Bi-Weekly CPI Wednesday

MEXICO
  • Given the data dependence, attention this week will be on half-month CPI inflation data, due for publication on Wednesday. Today, economic activity data for February will be released at 1300BST(0800ET), with analysts expecting a 0.5% m/m increase (vs. -0.63% prior), lifting the annual rate of growth to 2.70% y/y, from 1.99%. Meanwhile, the latest Banamex survey of economists will also be published later.
    • Feb. Economic Activity IGAE MoM, est. 0.50%, prior -0.63%
    • Feb. Economic Activity IGAE YoY, est. 2.70%, prior 1.99%

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