Cut in interest rates does not affect capital market profits
Real Estate Market & Lifestyle | March 19, 2024 |

The peso began the session with few changes trading around 16.68 pesos per dollar, representing a depreciation of 0.12% or 1.9 cents,

In the United States, producer inflation in February was at a monthly rate of 0.6%, well above market expectations that expected 0.31% and being its largest increase since July of last year, at an annual rate producer inflation was It stood at 1.58%, also above the market expectation of 1.13%, and reaching its highest level since September 2023.

Of interest: Demand for offices in Guadalajara doubles that reported during January-February 2023

Within the underlying component, an acceleration was found in the goods component, which showed a monthly inflation of 1.21%, its highest level since August 2023, leading the goods component to show an annual rate of 0.26%, breaking a streak of 4 consecutive months down.

The construction sector presented an inflation of -0.2% monthly, at an annual rate, it stood at -1.08%, the lowest rate recorded since the beginning of the series in 2009.

Check here: The industrial market of Puebla reports the lowest vacancy rate in the country

The Mexican economic indicators, the monthly survey of the manufacturing industry (EMIM) showed that in January the employed personnel registered a monthly decline of 0.23%, accumulating 7 months of decline

To finish, the interbank forward for sale is at 16.7596 for one month, 17.1630 for 6 months and 17.6154 pesos per dollar for one year. 

In Solili you can check ships available in: Monterrey, Matamoros, Reynosa.

Original Note.

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