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Economists Raise 2023 Year-End Inflation To 5.09% From 4.81%

MEXICO

Earlier on Tuesday, Banxico published the results of its monthly survey of economists (results are the average forecast of 38 economists):

  • 2022 year-end inflation raised to 8.54% from 8.48%
  • 2023 year-end inflation raised to 5.09% from 4.81%
  • 2022 GDP raised to 2.12% from 2.01%
  • 2023 GDP cut to 0.97% from 1.15%
  • 2022 year-end exchange rate lowered to 20.46 from 20.68
  • 2023 year-end exchange rate lowered to 21.02 from 21.23

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