Mar-23: Mexico's chart of the month
Mexico: The chart of the month
By Mariano Sanchez Moreno (msanchez@alphacast.io)
During March, the most consulted chart by our subscribers and clients in Mexico was related to the dynamics of real interest rates and came from our "Policy monetary rate tracker":
Positive real rates are paving the way for a moderation in the pace of price growth, amid an aggressive, but overdue - especially compared to Brazil - tightening cycle by Banxico. That said, it hiked its monetary policy rate by 50 basis points in February despite a more dovish Fed hike. Moreover, inflation is expected to decline steadily in the coming quarters due to the impact of tighter interest rates and softer external price pressures.
Absolutely in line with that,, the top 3 most popular charts for our Mexican users is completed with the following: