External conditions move Bank of Mexico to lower growth forecasts

bank-of-mexico
Reduction in trade sees central bank reduce growth forecasts for upcoming year

Citing a more complex external environment, the Bank of Mexico has lowered its 2016/2017 economic growth forecasts, in its latest quarterly inflation report, published on March 3.

Growth forecasts have been cut by half a percentage point from previous estimates. GDP growth is predicted to be around 2–3% this year. Last year, the country reported growth of 2.5% – slightly higher than the bank had forecast.

The report detailed how the bank had lowered its estimations of foreign demand mostly on

Only users who have a paid subscription or are part of a corporate subscription are able to print or copy content.

To access these options, along with all other subscription benefits, please contact [email protected] or view our subscription options here: http://subscriptions.centralbanking.com/subscribe

You are currently unable to copy this content. Please contact [email protected] to find out more.

To continue reading...

You need to sign in to use this feature. If you don’t have a Central Banking account, please register for a trial.

Sign in
You are currently on corporate access.

To use this feature you will need an individual account. If you have one already please sign in.

Sign in.

Alternatively you can request an individual account here: