Quotes from Barclays Capital:
-We believe that there are still no signs of pass-through effects to the CPI from the recent MXN depreciation as the upside surprise came from tomato prices. This shock should be temporal and with no relevant second-round effects, and headline inflation should decline in the coming prints. Also, core inflation should reach below 3% levels in January. In this context, Banxico will remain on hold in the next January 29, 2015 meeting.
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