banxico decision, 2019-12-19
As for downside risks: i) a greater appreciation of the peso exchange rate, which could be associated with a context of greater risk appetite in international financial markets or with the final steps towards ratifying the trade agreement with the United States and Canada; ii) a widening of slack conditions or its impact on core inflation greater than foreseen; and, iii) that the prices of certain goods included in the non-core subindex register lower rates of change.
Sentiment: neutral
Topic: mp_inflation