MEXICO CITY, Nov 3 (Reuters) – Private sector analysts polled by Mexico’s central bank edged up their expectations for headline inflation this year and 2027, while also nudging up their economic growth estimates for both years, the bank said on Tuesday.
Headline inflation for this year is now expected to come in at 3.88%, up from the previous month’s estimate of 3.87%, and seen closing 2027 at 3.85%, compared with the previous forecast of 3.82%.
Mexico’s gross domestic product is now expected to grow 1.50% in 2026, up from a previous estimate of 1.40%, and 1.83% in 2027, compared with a prior forecast of 1.80%.
Analysts do not expect the central bank to make any further changes to its benchmark interest rate, currently at 6.50%, through the end of 2027.
September October
Inflation, end year
pct
2026 3.87 3.88
2027 3.82 3.85
Core inflation, end
year
2026 3.90 3.82
2027 3.78 3.82
Economic growth,
annual pct
2026 1.40 1.50
2027 1.80 1.83
Peso-dollar rate, end
yr
2026 17.50 18.39
2027 18.04 18.64
Interbank lending
rate
2026 6.50 6.50
2027 6.50 6.50
The survey of 40 analysts was taken between October 19-29. The values shown are medians.
(Reporting by Aida Pelaez-Fernandez; Editing by Natalia Siniawski)
