LatinNews Daily - 07 October 2026

*Mexico-based economists surveyed by Citi México, a local financial group operated by US multinational investment bank and financial services corporation Citigroup Inc, have maintained Mexico’s 2026 growth forecast at 1.4%, in line with a previous survey on 22 September and up from a 1.3% forecast on 4 September. The consensus view from those surveyed was that Mexico’s central bank (Banxico) would maintain its benchmark interest rate at 6.50% until the end of 2027. Banxico held its rate for the third consecutive meeting in September. Inflation forecasts for the end of the year declined slightly to 3.90%, down from 3.93% in the last survey. For the core component, the median forecast decreased to 3.88% from 3.92% in the last survey, while for year-end 2027, the headline inflation expectation remained unchanged at 3.83% and the core component was kept at 3.80%.

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