Free Trial

Regional Mid-Month Inflation Data In Focus Ahead of Thanksgiving Session

LATAM
  • Mexico: 1200GMT/0700ET - Consumer prices are expected to rise 8.23% in the first two weeks of November from the same period a year earlier, down from 8.28% in late October, according to economists surveyed by Bloomberg.
    • The more closely watched core reading is expected to increase further to 8.62% from 8.45% Y/y.
    • As a reminder, Banxico’s Heath said earlier this week that he expects core inflation to peak in either November or December this year and said that core CPI could be below 4% at the end of 2023 without any further shocks.
  • Brazil: 1200GMT/0700ET - National statistics agency IBGE to release mid-month inflation data where consumer prices as measured by the IPCA-15 index likely rose 0.55% in November on a monthly basis, up from a prior increase of 0.16%.
    • The annual figure is expected to decline once more to 6.20% from an October reading 6.47% Y/y.

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.