Banxico will release the minutes from the March 16 monetary policy meeting next week

Inegi will be releasing three highlights this week to check domestic demand strength: the Retail Survey, the IGAE (both for January) and the relevant job figures for February

Banxico will release its monetary policy decision on Friday, March 16. In line with most analysts, we expect the lending rate to remain unchanged

Oil prices in dollars are hitting maximums for recent years due to the uncertainty surrounding supply as a result of geopolitical tensions in the Middle East

Next week sees the release of the first monthly data for 2012 on the federal budget balance. It is likely to continue to see a trend to reduce the public deficit in Mexico

Next Friday sees the release of the Balance of Payments for 2011. We forecast the Current Account balance to come in with a highly reduced and without funding risks deficit of 0.8% of GDP

This week sees the release of economic output performance for the end of last year with 4Q11 GDP and industrial output for December

This week sees the release of labor market data: structural data on activity and employment from the National Occupation and Employment Survey (ENOE) for 4Q11

Next Friday sees the release of Banxico's Board meeting minutes where the message remained neutral at the last monetary policy meeting

Next week sees the release of the first bi-weekly inflation figures of the year which we believe will surprise markets (which expect a 0.25% rise as opposed to the -0.05% estimate from BBVA Research) with a downturn