Mexico's economic growth is expected to decline in the following quarters, despite the good result of the first half of the year, while inflation is expected to stabilize in the second half and decline gradually, the IMF said on Friday in the conclusions of a mission. to the country.
The Ministry of Finance revised in September its estimate of the growth of the Mexican economy, the second largest in Latin America, for this year to 2.4% and estimated that it would rebound to 3% in 2023.
Analysts estimate that Mexico's GDP will grow 2.2% and an average of 1.2% in 2023.
The IMF also forecast that inflation, currently at its highest level in more than two decades, would more than halve to 3.2% in December next year.
Inflation in September was 8.7%, the same figure as in the previous August.
The IMF affirmed in a document that Mexico is well positioned in a potentially turbulent environment due to its macroeconomic prudence and fiscal and monetary management, but pointed out that a more predictable energy policy open to private participation would boost competitiveness and investment.
With information from Reuters
