TABLE-Analysts trim forecasts on Mexican inflation this year

By Kitco News / April 02, 2018 / www.kitco.com / Article Link

MEXICO CITY, April 2 (Reuters) - Analysts trimmed theirexpectations for Mexican inflation this year while holdingsteady on the 2018 growth outlook, a central bank survey showedon Monday.The central bank, which targets inflation of 3 percent witha one percentage point tolerance zone each side, raised itsbenchmark interest rate to a nine-year high of 7.50 percent inFebruary.

MarchFeb Inflation, end year pct20184.094.13 20193.603.58 Core inflation, end year 20183.683.60 20193.403.36 Economic growth, annual20182.302.30 20192.332.40 Interbank lending rate 20187.507.50 20196.507.00 Peso-dollar rate, end yr 2018 18.60 18.62 2019 18.45 18.50 The survey of 35 analysts was taken between March 22 and March26. The values shown are medians. (Reporting by Michael O'BoyleEditing by Chizu Nomiyama)

Messaging: michael.oboyle.thomsonreuters.com@reuters.net)) Disclaimer: The views expressed in this article are those of the author and may not reflect those of Kitco Metals Inc. The author has made every effort to ensure accuracy of information provided; however, neither Kitco Metals Inc. nor the author can guarantee such accuracy. This article is strictly for informational purposes only. It is not a solicitation to make any exchange in commodities, securities or other financial instruments. Kitco Metals Inc. and the author of this article do not accept culpability for losses and/ or damages arising from the use of this publication.

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