In its most recent estimate revision, Banxico adjusted its specific growth expectation to 1.5% of the Gross Domestic Product (GDP) by 2024, from the previous 2.4%, and to 1.2% in 2025, compared to the previous 1.5%.
“Forecasts indicate that the economy will have a negative product gap practically at the end of the year and this, as we saw in one of the transmission channels of monetary policy, will also influence the price level,” Mejía said at an event. .
