#IntercamNews

✅ In Mexico, overall inflation in July was in line with expectations.

✅ Later today, the Bank of Mexico will announce its monetary policy decision, for which we estimate a 25 basis point cut. We do not rule out the possibility of a split decision.

✅ In Mexico, new car sales fell by 0.6% y/y in July, while new vehicle production increased by 2.36% y/y and exports rebounded by 7.94% y/y.