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Analysts cut Mexico's 2025 growth forecast to 0.5%

ReutersApr 1, 2025 3:26 PM

- Private sector analysts expect the Mexican economy to grow just 0.5% this year, a drop from their February forecast of 0.81%, a Mexican central bank survey showed Tuesday.

Analysts expect Mexico's benchmark interest rate to end the year slightly lower, at 8.0%, instead of the 8.25% from their prior forecast. Their inflation forecast stood almost flat.

The survey polled 42 analysts and was taken from March 18 to March 27, amid threats by U.S. President Donald Trump to impose tariffs on imports from Mexico, which threaten to strain Mexico's economy.

The values shown are medians.

February

March

Inflation, end year pct

2025

3.71

3.70

2026

3.70

3.70

Core inflation, end year

2025

3.75

3.76

2026

3.63

3.64

Economic growth, annual

2025

0.81

0.50

2026

1.70

1.60

Peso-dollar rate, end yr

2025

20.85

20.80

2026

21.36

21.30

Interbank lending rate

2025

8.25

8.00

2026

7.50

7.50

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