
Macro - Weekly Briefings - Emerging Markets
Description
Macro - Weekly Briefings - Emerging Markets
We maintain our below-consensus 2023 inflation forecast for Brazil, Mexico, and Chile, as seasonal and Phillips curve models point to a downside bias to our estimates. Still, we recognise that sticky core prices and unwinding food and fuel subsidies could prevent a swifter disinflationary process.
We maintain our below-consensus 2023 inflation forecast for Brazil, Mexico, and Chile, as seasonal and Phillips curve models point to a downside bias to our estimates. Still, we recognise that sticky core prices and unwinding food and fuel subsidies could prevent a swifter disinflationary process.
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6 Pages
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