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LatinNews Daily - 16 December 2025
In brief: Mexico’s private sector lowers growth forecast for 2026
*Mexico’s central bank (Banxico) has published its monthly private sector survey, in which the median forecast from economists saw GDP growth of 1.15% in 2026, down from the previous forecast of 1.37% in November. The GDP forecast for 2025 was also lowered slightly, from 0.40% in November to 0.39% in the latest report. Regarding inflation, the analysts expected this to close 2025 at 3.75%, up slightly from 3.74% in the November survey. The inflation rate is then expected to rise to 3.88% in 2026, down from 3.90% in the previous survey. Core inflation, which excludes certain volatile items, is expected to close 2025 at 4.24%, down from a prediction of 4.25% in November, before falling to 3.90% in 2026, with this latter figure unchanged from the November forecast.
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