Private sector analysts lowered their economic growth forecast for Mexico this year to 0.4%, down from the previous 0.5%, according to a monthly survey by Banxico (the Bank of Mexico).
For 2026, the median forecast of the 42 analysis groups marginally reduced its November projection to 1.37%, from the 1.40% calculated in the previous survey.
Meanwhile, the estimate for headline inflation in 2025 moderated to 3.74%, down from the previous 3.78%, and the estimate for core inflation rose from 4.22% to 4.25%.
Furthermore, the specialists consulted by Banxico maintain their expectation that the interbank funding rate will end the year at 7%.
Last week, the central bank lowered its growth forecast for the Mexican economy in 2025 to 0.3%, down from the previous 0.6%.
The central bank argued that the contraction in economic activity in the third quarter represented a greater weakness than it had anticipated.
Source: forbes
