LatinNews Daily - 21 September 2023

In brief: Experts raise Mexico GDP growth forecast

* Economic analysts surveyed by Citibanamex, the Mexican banking unit of US financial giant Citigroup Inc, have forecast that Mexico’s GDP will grow 3.2% by the end of 2023, up from 3.1% in its previous forecast. The analysts also forecast that annual inflation will close 2023 at 4.70%, unchanging from the previous survey although they expect core inflation to close at 5.10%, down from 5.17% made in its previous survey. The Organization for Economic Co-operation and Development (OECD) also lifted its estimate for Mexico to 3.3% in its latest GDP growth forecast released this month, up from 2.6% in its previous June forecast.

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