This week, inflation data for February will be released in Brazil and Peru, along with a quarterly report in Mexico. There will also be an understanding of the monetary conditions for the coming months.

In the case of Peru, economists expect that inflation likely increased in February for the first time in the past year. This would be below the central bank’s forecasts but still above the target of 2.0% +/- 1 percentage point.

For Mexico, analysts expect that the updated economic projections in the central bank’s quarterly report should align with the slow interest rate cuts that will begin in March because “monetary policy outlook suggests that future decisions will depend on new data and any adjustments will be gradual.