Analysis by Region - Emerging Markets - Mexico

Analysis by Region - Emerging Markets - Mexico

We have slashed our 2023 GDP growth forecast by 1ppt to 0.6% due to a looming recession in the US and weaker carry over, despite a recent revision to the H1 GDP level that raised our 2022 expectation by 0.1ppt to a 1.9% expansion. Risks to our outlook remain tilted to the downside.

Mexico: Recovery will be postponed due to likely US Recession
Forecast overview
Recent developments
Short-term outlook
Key drivers of our Short-term Forecast
Economic risk
Economic risk evaluation
risk warnings
What to watch out for
Exposure to Key global risks
Long-term prospects
Economic development
Structure of the economy
Balance of payments and Structure of trade

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