Private sector analysts lowered Mexico’s economic growth expectation for this year to 0.4% from the previous 0.5%, according to a monthly Banxico survey.
For 2026, the median of the 42 analysis groups marginally reduced its expectation in November to 1.37%, from the 1.40% calculated in the previous survey.
Meanwhile, the estimate for general inflation in 2025 was moderated to 3.74% from the previous 3.78%, and the calculation for core inflation was raised 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 reduced its growth forecast for the Mexican economy in 2025 to 0.3%, from the previous 0.6%.
The central bank argued that the contraction in economic activity in the third quarter represented greater weakness than it had anticipated.
Read: Banxico cuts Mexico’s GDP forecast for 2025 to 0.3%
With information from Reuters
