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Banxico Survey Raises 2021 Inflation Forecast to 7.63%

MEXICO

Central bank publishes latest monthly survey of economists on website today:

  • 2021 year-end inflation raised to 7.63% from 7.20%
  • 2022 year-end inflation raised to 4.22% from 4.12%
  • 2021 GDP cut to 5.59% from 5.65%
  • 2022 GDP held at 2.79%
  • 2021 year-end USDMXN raised to 20.97 from 20.89
  • 2022 year-end USDMXN raised to 21.51 from 21.32

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