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Banxico Quarterly Report Lowers 2022 Growth, Maintains Inflation Outlook

MEXICO
  • Mexico’s central bank lowered its growth outlook for 2022 to 2.2% in its central scenario, down from 2.4% previously, according to its quarterly inflation report.
  • Link to full report (Spanish only): https://www.banxico.org.mx/publications-and-press/...
  • Banxico lowers 2022 GDP growth forecast to 2.2% (BBG)
  • Banxico sees 2023 GDP growth of 2.4% in central scenario (BBG)
  • Banxico maintains inflation outlook from policy meeting (BBG)

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