Analysts anticipate higher inflation and less growth in Mexico

Analysts anticipate higher inflation and less growth in Mexico

This week, President Andrés Manuel López Obrador intends to announce a plan with the productive sector to try to contain inflation, which is at its worst level in almost 20 years.

The survey of 38 local and foreign analysis groups received between April 22 and 28 showed that there will also be lower economic growth this year.

The median yielded a growth estimate of 1.72% compared to the 1.8% expected last March.

Analysts also estimate a higher interest rate: the survey showed that they expect it to close at 8.25% from 6.5% currently.

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