Analysts consulted by CITI again reduced their growth expectation for the Mexican economy in 2025 to 0.2%, from the previous 0.3%.
This is the fifth consecutive biweekly survey in which participants reduce their growth expectation for this year.
The prognosis by 2026 remained at 1.5%.
This Tuesday, the IMF announced its world growth forecasts in the context of the aggressive tariff policies of President Trump, and in the case of Mexico the cut was abrupt.
Lee: IMF foresees that Mexico enters recession in 2025 for commercial tensions of US
The agency predicted that the Mexican economy will contract 0.3%, 1.7 percentage points less than the figure it had given in its January report.
President Claudia Sheinbaum said Tuesday that her government “does not coincide” with the new FMI prognosis: “We do not know what they do, we do not coincide, it is not that the president does not match, but that we have economic models that the Ministry of Finance itself has that do not coincide in this approach.”
Sheinbaum defended the forecasts of the Treasury, which fell on April 1 to 1.9% the official estimate of GDP growth by 2025, from a previous 2.5%, but still above market expectations.
The consensus of the 36 analysis groups consulted by CITI maintained its expectation that at its May Meeting, Banxico applies another 50 -point cut cut to its reference interest rate, which would be located at 8.50%.
The consensus projected that the exchange rate will be located at 20.93 pesos per dollar by the end of 2025, slightly greater than 20.90 of the last survey.
By the end of 2026 it is projected that the dollar is at 21.20 pesos, 10 cents less compared to the previous survey.
Lee: IMF meetings and BM focus on tariffs and impact of artificial intelligence
The projections for general inflation at the end of 2025 remained at a rate of 3.78%, while for the underlying inflation it went from 3.76%to 3.80%.
By the end of 2026, the estimate is 3.79%, higher than in the last survey, which was 3.78%, while the underlying inflation forecast remained at 3.70%.
With EFE information
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