Analysts expect the economy to expand by 2% in 2024, while they predict that it will grow only 1.68% in 2025, almost two tenths less than what they calculated in the previous month.

The Mexican financial market, made up of different economists and analysts in the country, has revised downwards its forecast for the growth of the country's Gross Domestic Product (GDP), both for 2024 and 2025, while keeping its forecast practically stable. inflation by 2024, with a slight worsening in 2025.

Specifically, analysts expect GDP to expand by 2% in 2024, while they predict that it will grow only 1.68% in 2025, almost two tenths less than what they calculated in the previous month. The downward revision of the market is striking, since it was previously expected that growth of around 2.3% would be reached in 2024.

For its part, the inflation forecast has remained practically stable, and the market expects the price index to decline to 4.25% year-on-year in 2024, although it estimates that it will be 3.81% year-on-year in 2025, almost one tenth more compared to its previous forecast.

Their expectations for monthly inflation growth have been raised for each of the remaining months of 2024, except for June, when they expect inflation of 0.21%.

In relation to the factors that could hinder Mexico's economic growth in the next six months, specialists consider that, at a general level, the main ones are associated with governance (56%) and internal economic conditions (18%).

At a particular level, the main factors are internal political uncertainty (18% of responses); public insecurity problems (14% of responses); other problems of lack of rule of law (10% of responses); the absence of structural change in Mexico (8% of responses); and corruption (another 8%).