IMF now predicts Mexico’s economy will grow 1.5% this year
The International Monetary Fund (IMF) revised its projections for Mexico’s economic growth on Friday to 1.5% in 2026 and 1.8% in 2027, just three months after the organization had lowered this year’s growth forecast to 1.2%. The post IMF now predicts Mexico’s economy will grow 1.5% this year appeared first on Mexico News Daily
The International Monetary Fund (IMF) has updated its economic growth predictions for Mexico, now forecasting a 1.5% increase in 2026 and 1.8% growth in 2027. This revised outlook comes after Mexico delivered strong economic performance in the second quarter of this year, reversing a contraction observed in the first quarter. The improvement is attributed to Mexico's rebound to the second-highest quarter-over-quarter growth among G20 nations, amounting to 1.4% between April and June.
The IMF takes note of the upward trend in Mexico's economic recovery and urges the nation to intensify its efforts in reducing debt through fiscal consolidation. Despite the positive outlook, the IMF cautions that external uncertainties remain a factor limiting growth.
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