Going forward, given the continued severe conditions surrounding corporate profits, there is a risk that, depending on future economic conditions, financial institutions and market participants may become stricter with regard to taking on corporate credit risks.
The possibility of a higher pass-through to prices has increased as a result of the additional peso depreciation in recent weeks and the potential for further pressures on the peso in the short term, especially in view of the upcoming presidential election in the United States. Depreciation of the peso is explained by a combination of external and domestic factors.