World Bank Lifts Mexico Growth Forecast to 1.4%
Mexico's economy should grow 1.4% in 2026, the World Bank forecast on Tuesday, a small upgrade as policy uncertainty and trade friction weigh on investment. The post World Bank Lifts Mexico Growth Forecast to 1.4% appeared first on The Rio Times .
On October 6, the World Bank raised its forecast for Mexico's economic growth to 1.4% in 2026, an increase from the previous estimate of 1.3%. Despite this improvement, Mexico remains the second-slowest of the six largest Latin American economies. The bank attributes the slower growth to policy uncertainty, trade friction, and high interest rates.
Trade issues are affecting Mexico, as US-Mexico-Canada trade talks proceed, with the US potentially raising tariffs on Mexican goods. However, Mexico's exports to the US reached a record high in August. The World Bank also notes that large infrastructure projects are contributing less to growth than before. The region's potential for stronger growth exists, but Mexico's growth remains modest due to these factors.
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