The International Monetary Fund (IMF) adjusted its forecast for the Mexican economy in 2025, from 0.2% to 1%.
In July, the agency had improved its prognosis for the country when moving from a contraction of 0.3% to an advance of 0.2%
However, the new forecast will continue to be a deceleration against the expansion of 1.2% registered in 2024.
The IMF foresaw that the Mexican economy will regain forces in 2026 and advance 1.5%.
The institution had projected in April that the economy was going to get 0.3% during this year, beaten by the tariffs announced by President Donald Trump.
“A growth slowdown is expected in 2025. Fiscal consolidation, a still restrictive monetary policy and commercial tensions with the United States have affected consumption and investment,” said an IMF mission that was in the Latin American country at the end of August.
“A slight acceleration of growth is expected in 2026, although the effect of tariffs and commercial uncertainty will continue to feel,” he added.
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The mission argued that Mexico needs a greater reduction in the deficit and political measures that support this adjustment to avoid greater increases in public debt and create fiscal margin to respond to possible shocks.
He added that monetary flexibility should continue once it is clarified that inflation is directed towards the 3% goal of the central bank and pointed out that the country’s long -term economic success depends on the closure of the infrastructure gap, the strengthening of the rule of law and the deepening of integration with global commercial partners.
With Reuters information.
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