LatinNews Daily - 22 September 2025

*The International Monetary Fund (IMF) has stated that Mexico’s economic growth is expected to continue to slow this year before “accelerating somewhat” in 2026. Following an Article IV Mission to Mexico, the IMF projected the economy to grow by 1.0% this year, down from 1.4% in 2024, saying that “economic activity remains soft” as “fiscal consolidation, still-restrictive monetary policy and trade tensions with the U.S. have all weighed on consumption and investment”. While forecasting a rebound to GDP growth of 1.5% in 2026, the Fund stated that the effect of US tariffs and trade uncertainty would continue to be felt, despite Mexico’s “record of very strong policies and policy frameworks”, which it said had “proved to be an important asset as the country navigates the uncertain economic environment”. The IMF added that headline inflation is moderating and expected to converge to the central bank (Banxico)’s 3% target in the second half of 2026.

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