Mexican Economy Projected to Grow by 2.5-3.5% in 2021, with Inflation at a Decade Low

Draft Budget Reveals Mexican Economy Expected to Grow up to 3.5% in 2024, According to The Mighty 790 KFGO

The Mexican economy is projected to experience growth of between 2.5% and 3.5% this year, according to a draft budget from the finance ministry. For 2025, the forecast anticipates further expansion, with a growth rate of 2.0% to 3.0%. Inflation in the second-largest economy in Latin America is predicted to decrease to 3.8% this year, which aligns with the central bank’s target range of 3%, plus or minus one percentage point.

The draft budget also predicts a slowdown in inflation for 2024, with an anticipated rate of 3.3%. Meanwhile, the exchange rate for the Mexican peso is projected to be 17.8 pesos per dollar this year, with a slight weakening to 18.0 pesos per dollar in

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