The Top • In the US, CPI inflation stood at 2.4% in September.  • Today, The Central Bank of Mexico´s meeting minutes will be released – corresponding to the announcement made on September 26th, when the funding rate was cut by 25 basis points.  • On Thursday, China’s central bank announced that it would start accepting applications from financial institutions

El Top ● En EE.UU. la inflación CPI se ubicó en 2.4% en el mes de septiembre. ● El día de hoy se publicarán las minutas de política monetaria del Banco de México con respecto al anuncio del pasado 26 de septiembre, fecha en que se recortó en 25 puntos base la tasa de fondeo. ● El banco central

The Top • In Mexico, general inflation for September set in line with our estimate and slightly below the consensus forecast. • The national producer price index, excluding oil and services, stood at 5.5% year-on-year in September, up from 5.0% year-on-year recorded a month earlier, revealing that cost pressures are increasing. • Today, the Federal Reserve’s latest meeting minutes(from the announcement made on September 18th)will

El Top ● En México, la inflación general de septiembre se ubica en línea con nuestro estimado y ligeramente debajo de la previsión del consenso. ● El índice nacional de precios al productor, sin petróleo y con servicios, en nuestro país se ubicó en 5.5% a/a en septiembre, por encima del 5.0% a/a registrado un mes atrás, revelando

The Top • The Citibanamex Survey anticipates that the Central Bank of Mexico will cut the funding rate by 25 basis points in November. • On Tuesday, China’s government stated that it is fully confident in achieving its 5.0% growth target for 2024 but refrained from introducing stronger fiscal measures, disappointing investors who had hoped for more substantial support from authorities to get the economy back on track.

El Top ● La Encuesta Citibanamex anticipa que el Banco de México recortará en 25 puntos base la tasa de fondeo en el mes de noviembre. ● El gobierno de China dijo este martes que se encuentran plenamente seguros de lograr su objetivo de crecimiento del 5.0% para todo el año, pero se abstuvo de introducir medidas fiscales

The Top • Eurozone retail sales recovered in August.  • US Republican presidential candidate Donald Trump said on Sunday that he would impose tariffs of up to 200% on vehicles imported from Mexico, as he intensifies his protectionist trade rhetoric ahead of the November 5th election.  • The head of the French Central Bank, Francois Villeroy de Galhau, said that the ECB

El Top ● Se recuperan las ventas al menudeo de la Eurozona en agosto. ● El candidato presidencial republicano de EE.UU, Donald Trump, dijo el domingo que impondría aranceles de hasta el 200% a los vehículos importados de México, mientras intensifica su retórica comercial proteccionista antes de las elecciones del 5 de noviembre. ● El jefe del Banco Central

The Top • US employment surged sharply in September.  • From January to September 2024, 1,079,413 vehicles were sold in Mexico (+10.53% y/y), 3,030,855 light vehicles were produced (+6.13% y/y), and 2,591,467 units were exported (+7.05% y/y).  • The US port workers’ strike appears to have ended yesterday (Thursday) after an agreement was reached to increase wages by 62% over