The central bank raised its Gross Domestic Product (GDP) growth forecast for 2023 to a range between 1.0% and 2.6% at the end of November, according to its latest quarterly report.
“I see that we may very likely be thinking that the Mexican economy will grow by more than 2 percent,” said the official in a Banorte podcast.
Mariscal’s estimate is more optimistic than that of the Bank of Mexico (Banxico), which recently raised its forecast for the national GDP next year from 1.6% to 1.8%.
Banxico anticipates that in 2023, the “complex external outlook” that prevails has continued to deteriorate global growth forecasts in 2023.
However, it is less than the 3% expected by the Treasury according to the Economic Package for next year.
With information from Reuters