MEXICO CITY, Oct 1(Reuters) – Private sector analysts polled by Mexico’s central bank slightly trimmed their forecast for headline and core inflation for both this year and 2027, while raising their economic growth estimate for 2026, the bank said on Thursday.
They now expect annual headline inflation for 2026 to come in at 3.87%, down from 3.90% projected previously, while core inflation is seen closing the year at 3.90% versus the previous 3.99%.
For 2027, analysts see annual headline inflation at 3.82% compared to the previous 3.84%, and core inflation to slip to 3.78% from the 3.80% projected in the previous poll.
Mexicos’ gross domestic product is now expected to grow 1.40% in 2026, an upgrade from the prior 1.30% estimate.
Analysts do not foresee the Bank of Mexico making any further adjustments to the benchmark interest rate, currently at 6.50%, through the end of next year.
August September
Inflation, end year
pct
2026 3.90 3.87
2027 3.84 3.82
Core inflation, end
year
2026 3.99 3.90
2027 3.80 3.78
Economic growth,
annual pct
2026 1.30 1.40
2027 1.80 1.80
Peso-dollar rate, end
yr
2026 17.50 17.50
2027 18.05 18.04
Interbank lending
rate
2026 6.50 6.50
2027 6.50 6.50
The survey of 12 analysts was taken between September 15-28. The values shown are medians.
(Reporting by Iñigo Alexander; Editing by Aida Pelaez-Fernandez)
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