Current Forecast of IPC
Units: Stock Price Index, Average of Month. Not Seasonally Adjusted.
Solid Line = Actual Values. Dashed Line = Predicted Values.
Forecast Values for IPC
How This Forecast is Produced
The forecast of the indicator above is produced using Multichannel Singular Spectrum Analysis, or MSSA.
The forecast is made by using MSSA to decompose the time series into a trend component and many cyclical components. The decomposed components of the time series are then projected forward in time.
The IPC Index
The IPC Index, or IPC, is a Mexican based stock market index. The IPC is based on the stock prices of a balanced selection of companies traded on the Mexican Stock Exchange, or BMV. The IPC is considered the benchmark stock index for Mexico.