We start 2026 better than expected
Mexico's economy begins 2026 on a stronger footing than previously anticipated, as indicated by an upward revision in growth forecasts by the Bank of Mexico.
The recent Quarterly Inflation Report from the Bank of Mexico has revised the expected growth for 2026 from 1.1 percent to 1.6 percent, signifying a more robust economic outlook than previously estimated. This adjustment showcases confidence in Mexico's economic resilience despite ongoing global uncertainties. The implication of this revision suggests that other analysts and institutions may also consider revising their growth forecasts upward, indicating collective optimism about the Mexican economy's performance in the upcoming year.
Furthermore, early indicators point toward a favorable economic climate, as evidenced by the Economic Activity Indicator from INEGI, which estimates a 2.3 percent annual growth for January, alongside a monthly growth of approximately 0.3 percent. The tertiary sector, which is vital for economic activity, is predicted to grow by more than 2 percent annually, with secondary activities also performing well with projections of 2.1 percent growth. These figures collectively paint a picture of a dynamic and potentially thriving economy heading into 2026.
This positive outlook may influence both domestic and foreign investment decisions, encouraging stakeholders to have faith in the market's potential. With several sectors showing signs of growth, policymakers may need to strategize to sustain this momentum. The ability to navigate external factors while fostering a competitive domestic environment will be crucial for Mexico's sustained economic prosperity in 2026 and beyond.