Mexico lowers 2025 growth forecast to still rosy 1.5%-2.3%

The Ministry of Finance and Public Credit does not foresee a stagnation of the economy or a recession this year, as international financial institutions and investment banks have pointed out. However, it does estimate a “moderate growth,” which could be between 1.5 and 2.3 percent, because of the “uncertainty around the direction of US bilateral trade policy,” among other factors.

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Mexico lowers 2025 growth forecast to still rosy 1.5%-2.3%

MEXICO CITY (Reuters) -Mexico’s government sees its economy growing between 1.5% and 2.3% this year, down from a prior estimate of 2.0% to 3.0%, a draft budget from the country’s finance ministry showed on Tuesday. The growth forecast, which the finance ministry called conservative, is rosier than estimates by the private sector and Mexico’s central bank and comes amid concerns that Mexico is on the precipice of a recession. The finance ministry…

The Government of Mexico updated its estimate of economic growth for 2025 to a range of 1.5 and 2.3 percent on Tuesday, April 1, for “uncertainty about US trade policy,” a day before US President Donald Trump announced a new round of tariffs. “The downward revision for 2025 growth responds to a lower dynamism in residential investment and the persistence of supply shocks since the end of last year. Business caution over uncertainty about US trad…

Mexico City, 1 Apr (EFE).- The Mexican government updated on Tuesday its estimate of economic growth for 2025 to a range of 1.5% and 2.3%, due to “uncertainty about US trade policy,” a day before US President Donald Trump announced a new round of tariffs.“The downward review for 2025 growth responds to a lower dynamism in residential investment and the persistence of supply shocks since the end of last year. It also affects corporate caution abo…

Mexico's economic growth targets for 2025 have been adjusted downwards, in an environment of high internal and external uncertainty. The Ministry of Finance has profiled an increase in gross domestic product (GDP) for this year in the range of 1.5% to 2.3%, a reduction compared to its own forecast of October 2024, when it set its forecast of an increase in GDP in the range of 2% to 3%. By 2026, the development of the Mexican economy is in the ra…