*Industrial production slowed down in Mexico during January.  *This morning, US President Joe Biden plans to communicate his administration`s response to the problems in the banking industry. In this regard, on Sunday, the Biden administration assured those affected by the collapse of SVB that they will receive their money back starting this Monday.  *Biden will

*Se desacelera la producción industrial en México durante enero.  *Esta mañana el presidente de EE.UU., Joe Biden, planea comunicar la respuesta de su administración a los quebrantos en la industria bancaria. En este sentido, el domingo la administración de Biden garantizó a aquellos afectados por el colapso de SVB que recibirán su dinero de regreso

*The US employment report once again surprised to the upside by logging a significant increase in the number of created jobs during February compared to the estimated number of positions.  *The unemployment rate in the US increased to 3.6% in February, but it was also accompanied by an increase in labor force participation to 62.5%. 

*El reporte de empleo en EE.UU. vuelve a sorprender al alza, con un significativo mayor número de plazas creadas durante febrero en comparación al número de puestos estimados. *La tasa de desocupación en EE.UU. aumentó a 3.6% en febrero, pero también acompañada de un incremento en la participación en la fuerza laboral a 62.5%.   *Durante

*After the rebound in January, inflation in Mexico resumed its downtrend in February and surprised positively. *Both consumer inflation and producer inflation surprised to lower levels in China with annual changes of 1.0% (vs 1.9%e) and -1.4% (vs -1.3%e), respectively. *In the US, registered vacancy figures (JOLTS) in January were 10.8 million, superior to 10.5

*Tras el repunte de enero, la inflación en México  retoma su senda descendente en febrero y sorprende de manera positiva. *La inflación tanto al consumidor como al productor sorprendió a la baja en China con variaciones anuales de 1.0% (vs. 1.9% e.)  y -1.4% (vs. -1.3% e.) respectivamente. *En EE.UU. el número de vacantes (JOLTS)

*US private-sector job growth increased more than estimated. *The final 4Q22 GDP reading for the euro area confirmed the downward revision to 0.0% quarterly, from the initial reading of 0.1%. Similarly, the annual data was adjusted marginally lower to 1.8% (-0.1%). *US wholesalers’ inventories retracted -0.4% monthly during January. *US trade balance showed a $68.3

*El sector privado en EE.UU sorprende con una mayor creación de plazas a las anticipadas. *La lectura final del PIB para la eurozona en el 4T’22 confirmó la revisión a la baja del dato trimestral a 0.0%, desde la lectura inicial de 0.1%. De manera similar, la lectura anual fue ajustada marginalmente a baja, finalizando

*Consumer confidence in Mexico continued recovering through February.  *In February, Chinese exports and imports decreased -6.8% and -10.2%, respectively. This reflects weakness in global demand in light of the complex current economic situation.  *Factory orders in the US recorded a monthly -1.6% decrease in January after December´s 1.8% increase.  *US officials said that they are