Banxico slashes 2026 GDP forecast, sees inflation rising

Banxico slashes 2026 GDP forecast, sees inflation rising

The Bank of Mexico (Banxico) released its Q1 2026 report on Wednesday, revising down 2026 GDP growth from 1.6% to 1.1%. The Mexican institution blamed a “considerably weaker” first-quarter performance, warning that investment could remain weak at least until the second half of 2026. Banxico revised up GDP growth for 2027 from 2% to 2.1% […]