MNI: JAPAN NOV CORP GOODS PRICE INDEX +3.7% Y/Y; OCT REV +3.6%

TRUDEAU SAYS IT LOOKS LIKE BOC WILL BE LOWERING RATE AGAIN

MNI BRIEF: Canada Commits To Just One Of Three Fiscal Anchors

MNI BRIEF: Brazil Not Even Close To Fiscal Dominance - David

CORRECTED-MNI BRIEF: Brazil Inflation Rises To 4.87% In Nov

MNI China Daily Summary: Tuesday, December 10

MNI: USDA: 2024/2025 CORN PRODUCTION EST 15.14B BSL

EZ/UK T-Bill Calendar: 12-Month BOT Auction on Wednesday

EZ/UK Bond Supply Calendar: 4.25% Jul-34 Gilt Due Wednesday

MNI EXCLUSIVE: EU-Mercosur Deal Close, But Likely Short-Lived - Officials

AUSTRALIA: 2025 Election Outcome Looking More Uncertain According To Newspoll

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

March CPI Inflation Due At 1300BST

MEXICO
  • March CPI inflation data will cross at 1300BST (0800ET), which are likely to show an uptick in headline inflation, while highlighting the stickiness of core, particularly core services inflation. Analysts expect the headline rate to rise to 4.50% y/y, while core inflation is expected to hold broadly unchanged at 4.63% y/y.
  • JP Morgan note that sequential data on the core side remain concerning, although this is amplified by seasonal factors. Their March/April forecasts suggest that services ex. housing and education is running at ~0.45%m/m, almost double its historical norm. Itaú, however, think that core pressures from tourism-related factors, due to Easter, may partially ease in the second half of March, which will be highlighted in the bi-weekly CPI data also released at 1300BST.
    • March CPI MoM, est. 0.36%, prior 0.09%
    • March CPI YoY, est. 4.50%, prior 4.40%
    • March CPI Core MoM, est. 0.51%, prior 0.49%
    • March CPI Core YoY, est. 4.63%, prior 4.64%
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.