Mexico Growth Forecast Held at 1.3% as the Region Is Trimmed to 2.2%
The UN agency said Mexico remains the region’s slowest-growing major economy while Argentina leads at 3.3%, and it cut the regional outlook to 2.2%.
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The Cepal cut its forecast for Mexico and warned that the country continues to be trapped in a low growth trajectory.
The Mexican economy has 25 years advancing to an annual average of 2 percent, below the average of 2.4 percent in Latin America and the Caribbean, said José Manuel Salazar-Xirinachs, executive secretary of the Economic Commission for Latin America and the Caribbean (Cepal).
ECLAC trims its 2026 forecast for Latin America and the Caribbean to 2.2%
The Economic Commission for Latin America and the Caribbean on Thursday lowered its regional growth projection for 2026 to 2.2%, one tenth below the estimate issued in December. The United Nations body expects a partial recovery to 2.5% in 2027 and warns that the current pace is insufficient to sustainably raise income per capita.
Mexico Growth Forecast Held at 1.3% as the Region Is Trimmed to 2.2%
ECLAC kept Mexico's 2026 growth forecast at 1.3% while trimming the regional outlook to 2.2%. The Bank of Mexico held its rate at 6.50%. The post Mexico Growth Forecast Held at 1.3% as the Region Is Trimmed to 2.2% appeared first on The Rio Times.
The Economic Commission for Latin America and the Caribbean (Cepal) corrected downwards its growth projection for the region and also Chile. If in April it had already reduced its projected expansion of the national economy from 2.3% to 2.2%. As for Latin America and the Caribbean, it will grow by 2.2% in 2026, ... Continue reading "Cepal reduces Chile's growth projection to 1.6%" The post Cepal reduces Chile's growth projection to 1.6% appeared…
In its previous report in April, the agency had estimated an expansion of 2 per cent for the country's GDP by 2026.
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