Analysts consulted by Citi Mexico improved their estimates for the Mexican economy for this year to 1.4%, from the previous 1.3%.
The consensus of experts maintained their expectations for 2027 at 1.8%.
In addition, economic specialists anticipated a cheaper dollar for the end of the year, as they expect that the exchange rate will be 18.35 pesos per greenback, compared to 18.75 in the previous biweekly survey.
By the end of 2027, the consensus predicted that the exchange rate will be 19 pesos per dollar, compared to 19.07 in the previous survey.
They anticipated that general inflation in January will advance to 3.83% at an annual rate, higher than the 3.69% in December.
Core inflation would advance to 4.49%, from 4.33% in December.
Read: Mexico’s investment portfolio rises to $406.8 billion: Ebrard
Analysts maintained their forecast that Banxico’s next cut to its reference interest rate will be in the decision of May 7, and will be 25 basis points, which would lower the monetary policy instrument to 6.75%.
The group rules out that the central bank will cut its rate in this Thursday’s announcement, which would suspend the cycle of cuts that began in August 2024.
The forecast for the key rate at the end of 2026 remained unchanged at 6.50%.
With information from Francisco Rivera
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