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Banxico Slashes 2026 Mexico Growth Forecast Amid Trade Uncertainty

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Read more about Banxico Slashes 2026 Mexico Growth Forecast Amid Trade Uncertainty on Devdiscourse.

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The Bank of Mexico (BdeM) reduced its forecast growth in gross domestic product (GDP) by 2026 to 1.1 per cent, compared with 1.6 per cent in its previous report, after recording a sharper contraction than expected in the first quarter of the year, the January-March report reveals.

·Mexico
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El Banxico gave a ‘tijeretazo’ to its growth forecast for Mexico that went from 1.6 percent to 1.1 percent by 2026, reported on Wednesday, May 27. The adjustment was due to Mexico’s GDP having a weaker behavior than expected in the first quarter, explained Victoria Rodríguez Ceja, governor of Banxico. According to data from the National Institute of Statistics and Geography (Inegi), Mexico’s economy contracted 0.6 percent at a quarterly rate, wh…

·Mexico
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Banxico cut from 1.6 to 1.1 % its GDP growth forecast by 2026 for a 'significantly more dbil' economic activity.

·Mexico City, Mexico
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When the Bank of Mexico publishes its quarterly report, the market not only reads the figures: it also reads the direction that the central bank attributes to the economy. In May 2026, that direction pointed down. The agency reviewed its estimate of growth and, in the same movement, identified investment as the most vulnerable component of the year. The question that this diagnosis leaves on the table is whether it is already holding back concre…

The investment would continue to show a weak performance as a reflection of the uncertainty that prevails around the commercial relationship with the US and the next review of the T-MEC, says the central bank The Bank of Mexico reduced the growth of the national economy for this year from 1.6 to 1.1. “The review of the expected growth [...] The Banxico entry cuts to 1.1% the growth forecast for 2026 aparece primero en LJA.MX Noticias México.

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oem.com.mx broke the news on Wednesday, May 27, 2026.
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