“The revision for 2023 reflects the most adverse scenario that the Mexican economy is expected to face for its growth (…) It is worth mentioning that the expectation is maintained that internal demand will maintain a gradual recovery, although the resolution process of the controversies raised by the US and Canada against Mexico within the framework of the T-MEC introduce a new factor of uncertainty and risk that could affect investment decisions in the country,” says the quarterly inflation report.
For this year, expectations remain at 2.2%.
For the generation of jobs before the IMSS, Banxico estimates more jobs with a range of 640,000 to 800,000 jobs. For the next year, the creation of between 420,000 and 620,000 jobs is expected. A lower amount than this year.
