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Bank of Mexico lowers 2025 GDP forecast, sees higher core inflation

ReutersNov 26, 2025 6:52 PM

- The Bank of Mexico cuts its growth forecast for Mexico's economy this year to 0.3%, from its previous estimate of 0.6%, according to its quarterly report published on Wednesday.

The bank also raised its projections for average annual core inflation for the fourth quarter of 2025 and the first two quarters of 2026. Banxico, as the central bank is known, said it still projects headline and core inflation to meet the bank's target by the third quarter of 2026.

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