Bank of Mexico edges up 2026 economic growth forecast to 1.6%

MEXICO CITY, Feb 26 (Reuters) - The Bank of Mexico edged up its growth forecast for Mexico's economy this year to 1.6%, from a previous estimate of 1.1%, according to its quarterly report published on Thursday.

The bank also raised its projections for average annual inflation for the fourth quarter of 2026 to 3.5%, up from the forecast of 3.0% made in the bank's previous November report.

The bank also lifted its forecast for average annual core inflation for that period to 3.4%, up from the 3.0% estimated in November.