MNI Latam Week Ahead - Mexico/Brazil CPI Inflation, Peru Rates

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Our Latam Week Ahead document highlights the major data releases and events scheduled across Latam next week. The document also includes the most pertinent macro developments over the past week. 

• In Mexico, core inflation is likely to remain above the target range ceiling in February, although a slight moderation may keep a possible March rate cut on the table.
• Meanwhile, Brazil CPI inflation is expected to fall back below 4% y/y, supporting a start to the BCB’s easing cycle later this month.
• In Peru, the BCRP looks set to leave its benchmark interest rate unchanged again, with inflation tracking close to the 2% target and economic activity around potential.
• Elsewhere, congressional elections and presidential primaries will also be in focus in Colombia over the weekend.