Overview
- Citi’s latest survey pegs Mexico’s 2025 GDP growth at about 0.4% and trims 2026 to roughly 1.3%, both well below official targets.
- Banco de México’s specialists’ survey shows similar medians near 0.39% for 2025 and 1.29% for 2026, with a higher probability of GDP declines in Q4 2025 and Q1 2026.
- INEGI data confirm a Q3 contraction in Mexico of 0.3% quarter on quarter and 0.2% year on year, reinforcing concerns about near‑term weakness.
- Ceesp reports fragile private sentiment in Mexico, with 93% saying conditions are worse than a year ago and only 2% calling it a good time to invest.
- Peru’s BCRP survey indicates most expectations remain in optimistic territory and inflation expectations are anchored, yet construction shows persistent pessimism, including a 39.3 reading for three‑month investment.