High prices dampen consumers’, firms’ optimism about 2023

Expectations of even higher inflation, higher interest rates, a weaker peso and lower demand for their products and services have dampened the optimism of companies and households about their prospects in the first quarter of 2023 as well as the full year ahead. For consumers, the weaker optimism was attributed to their expectations of: faster … Continue reading High prices dampen consumers’, firms’ optimism about 2023