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Analysts lower Mexico's 2025 economic growth forecast, see weaker peso

February 4, 2025 10:38 AM EST

FILE PHOTO: The logo of Mexico's Central Bank (Banco de Mexico) is seen at its building in downtown Mexico City, Mexico April 24, 2024. REUTERS/Henry Romero/File Photo

MEXICO CITY (Reuters) - Private sector analysts expect the Mexican economy to grow 1.00% this year, a slight drop from their December forecast, a Mexican central bank survey showed on Tuesday.

Analysts also see Mexico's peso currency finishing this year and next year slightly weaker compared to the U.S. dollar, according to the survey.

The survey polled 40 analysts and was taken between January 23-29, before the announcement on Monday that the United States would pause for a month the implementation of across-the-board tariffs on imports from Mexico. The values shown are medians.

January December

Inflation, end year pct

2025 3.83 3.80

2026 3.70 3.70

Core inflation, end year

2025 3.74 3.72

2026 3.60 3.60

Economic growth, annual

2025 1.00 1.12

2026 1.80 1.80

Peso-dollar rate, end yr

2025 20.90 20.53

2026 21.30 21.00

Interbank lending rate

2025 8.50 8.38

2026 7.50 7.50

(Reporting by Brendan O'Boyle; Editing by David Alire Garcia)



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