* Economic analysts surveyed by Mexico’s central bank (Banxico) have maintained their 2023 GDP growth forecast for Mexico at 3.40%, the same as forecast in a previous (November) survey. The analysts raised the 2024 growth forecast from 2.10% to 2.29%. The same survey also showed a slight drop in inflation forecasts for this year, with analysts predicting that inflation would end the year at 4.44% (down from 4.54%) and core inflation would stand at 5.10% (down from 5.16%). This comes after Banxico raised its own GDP growth forecast in its quarterly report for the third quarter of the year, predicting GDP to grow by 3.3% in 2023, up from a previous forecast of 3%.
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LatinNews Daily - 18 December 2023
In brief: Experts maintain growth forecast in Mexico
- CHILE: Pinochet’s constitution prevails
- COLOMBIA: ELN renounces kidnappings
- In brief: Economic output falls in Peru
- BRAZIL: Congress approves historic tax reform
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- HONDURAS: Corte-IDH rules against State over indigenous rights
- In brief: Nicaragua claims strong GDP growth in Q3
- MEXICO: Tren Maya partially inaugurated
- In brief: Experts maintain growth forecast in Mexico
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- US delegation visits Guatemala, Honduras