Latam Daily

This report covers Chile's May CPI undershoot which suggests stability in monetary policy, alongside mixed results in Mexico's automotive manufacturing and export sectors.

Key Takeaways

• 1.Chilean inflation in May surprised to the downside (0.2% m/m), driven by historically large declines in food prices.
• 2.Mexico's automotive sector showed mixed performance in May, with production falling 3.7% but exports growing 1.74%.

Table of Contents

• Latam Daily: Chilean CPI Undershoot, Mixed Mexican Autos
• CHILE: MAY CPI (0.2% M/M; 3.9% Y/Y) SUPPORTS THE MONETARY POLICY OUTLOOK
• MEXICO: AUTOMOTIVE INDUSTRY PERFORMANCE IN MAY SHOWS MIXED SIGNALS

Document Preview

Page 1 of 1

Subscribe for full accessStart Free Trial