Growth expected to reach 1.2% in 2025 (OECD)

Growth expected to reach 1.2% in 2025 (OECD)
Growth expected to reach 1.2% in 2025 (OECD)

Growth in the Mexican economy is expected to reach 1.2% in 2025, the Organization for Economic Co-operation and Development (OECD) said.

Growth in the Mexican economy is expected to increase from 1.4% in 2024 to 1.2% in 2025 and 1.6% in 2026, the OECD said in its economic outlook.

This steady growth is explained by the easing of inflationary pressures, which will help support consumption, and by a gradual reduction in interest rates, which will stimulate investment despite the budgetary consolidation measures planned for 2025, according to the organization.

Export growth is expected to remain vigorous, driven by the favorable economic situation in the United States. Inflation will remain on a downward trend, reaching 3.3% in 2025 then 3% in 2026, according to OECD forecasts.

The Bank of Mexico (Banxico) aims to bring inflation back to the target rate of 3%, plus or minus one percentage point.

“To ensure that the decline in inflation towards its target continues, the central bank should extend its cycle of cautious and gradual easing,” the OECD stressed.

Banxico recently lowered its main key rate from 10.25% to 10%, stressing that larger rate cuts could be considered at future meetings.

With MAP

Morocco

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