The economic pessimism for Mexico moves to 2023

The economic pessimism for Mexico moves to 2023

“The average probability that a fall in GDP will be observed decreased in relation to the previous month for the third quarter of 2022 and for the first of 2023,” the survey highlights.

The survey also highlighted further pressures on inflation. Inflation is expected to close the year at 8.5% and in 2023 to close at 5%.

The central bank’s objective is for inflation to be 3% with a range of variability of one percentage point upwards and/or downwards.

Even in 2024 it is estimated that inflation will close at 3.9%.

For the reference rate, analysts estimate that it will close the year at 10.5% and that in 2023 it will drop 25 basis points.

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