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Banxico Boosts 2026 Growth Forecast Amid Trade Uncertainty

2/27/2026

Summary

Story summary

Banco de México (Banxico) raises its 2026 growth forecast to 1.6% from 1.1%, citing a strong fourth quarter of 2025.
The central bank notes downside risks stemming from heightened trade uncertainty with the United States and geopolitical conflicts that could weigh on global growth and trade.
The 2027 gross domestic product (GDP) growth forecast remains unchanged at 2.0%.
The update signals a mixed outlook for Mexico's economy amid external challenges.

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Story summary

Banco de México (Banxico) raises its 2026 growth forecast to 1.6% from 1.1%, citing a strong fourth quarter of 2025.
The central bank notes downside risks stemming from heightened trade uncertainty with the United States and geopolitical conflicts that could weigh on global growth and trade.
The 2027 gross domestic product (GDP) growth forecast remains unchanged at 2.0%.
The update signals a mixed outlook for Mexico's economy amid external challenges.