Mexico Growth Forecast Held at 1.3% as the Region Is Trimmed to 2.2%
ECLAC kept Mexico's 2026 growth forecast at 1.3% while trimming the regional outlook to 2.2%. The Bank of Mexico held its rate at 6.50%. The post Mexico Growth Forecast Held at 1.3% as the Region Is Trimmed to 2.2% appeared first on The Rio Times .
The UN Economic Commission for Latin America and the Caribbean (ECLAC) maintained Mexico's growth forecast at 1.3% for 2026, with no revisions made. Meanwhile, the regional growth projection for Latin America and the Caribbean was slightly adjusted downward to 2.2% from 2.3%. Mexico remains the slowest growing economy among the six major countries in the region, trailing behind Argentina, Peru, and Colombia.
Brazil, meanwhile, matches the regional average growth rate of 2.2%. The Bank of Mexico kept its policy rate at 6.50% on 6 August 2026, citing persistent inflation in services as a primary concern. This includes sectors like restaurants, hotels, and air travel. The upcoming rate decision on 25 September 2026 will be closely watched by investors and businesses.
Despite the steady rate, this concern may influence future policy decisions, potentially impacting Mexico's growth.
Written by urgent.news from The Rio Times's reporting — not their text. Machine-written — may contain errors; check the original before relying on it.
