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Mexico analysts lift 2026 inflation, economic growth forecasts

ReutersMar 3, 2026 3:08 PM

- Private sector analysts polled by Mexico's central bank expect slightly higher inflation at the end of this year and next compared to the previous month's poll, the bank said on Tuesday.

They now expect headline inflation to wrap up this year at 4.00%, up from 3.95% previously, with core inflation seen closing up to 4.17% from 4.11% before.

Analysts also slightly lifted their forecast for the nation's economic growth for this year while maintaining their outlook for next year.

Analysts expect Mexico's peso currency to close the year at 18.10 per U.S. dollar, stronger than their previous expectation of 18.50 per dollar.

January

February

Inflation, end year pct

2026

3.95

4.00

2027

3.73

3.75

Core inflation, end year

2026

4.11

4.17

2027

3.75

3.74

Economic growth, annual pct

2026

1.30

1.50

2027

1.80

1.80

Peso-dollar rate, end yr

2026

18.50

18.10

2027

19.00

18.70

Interbank lending rate

2026

6.50

6.50

2027

6.50

6.50

The survey of 42 analysts was taken between February 16-26. The values shown are medians.

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