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Analysts cut Mexico's 2025 growth forecast to below 1%

ReutersMar 3, 2025 3:10 PM

- Private sector analysts expect the Mexican economy to grow just 0.81% this year, a drop from their January forecast of 1.00%, a Mexican central bank survey showed on Monday.

Analysts largely held their inflation forecasts, but saw Mexico's benchmark interest rate ending the year slightly lower.

The survey polled 41 analysts and was taken from February 18 to February 27, amid talks between Mexico and the United States over the pending implementation of U.S. tariffs on imports from Mexico, which threaten to strain Mexico's economy.

The values shown are medians.

January

February

Inflation, end year pct

2025

3.83

3.71

2026

3.70

3.70

Core inflation, end year

2025

3.74

3.75

2026

3.60

3.63

Economic growth, annual

2025

1.00

0.81

2026

1.80

1.70

Peso-dollar rate, end yr

2025

20.90

20.85

2026

21.30

21.36

Interbank lending rate

2025

8.50

8.25

2026

7.50

7.50

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