INSUBCONTINENT EXCLUSIVE:
reflects stronger-than-expected external demand and increased domestic spending.In their latest third-quarter inflation report, Banxico
is also promising, with an anticipated GDP expansion of 3.0%, surpassing the previous 2.1% estimate.Despite a probable deceleration in
Trends for Mexico in 2023-2024
(Photo Internet reproduction)However, the forecast for 2025 indicates a growth rate below the historical average, reflecting a shift in the
balance between external and internal demand.The bank projects a 1.5% GDP growth for Mexico in 2025.Potential RisksBanxico also identified
potential risks that could impact the Mexican economy.These include a decline in external demand, notably if the United States experiences a
prolonged, severe recession.The possibility of disruptions in international trade amid various global geopolitical and commercial tensions
domestic expenditure.The Mexican economy, ranking second in size in Latin America after Brazil, showed a 3.9% growth in 2022, as per the
National Institute of Statistics and Geography (Inegi).Looking ahead, the Mexican Government projects an economic growth rate of between
2.5% and 3.5% for the nation in the years 2023 and 2024.These projections suggest a continuing trend of economic recovery and stability for
