
Analysts predict 2.9% GDP progress in Mexico this yr
Mexico’s financial system will develop 2.9% in 2023 whereas the Mexican peso will commerce at slightly below 18 to the US greenback on the finish of the yr, in line with consensus forecasts of analysts surveyed by Citibanamex. The financial institution surveyed analysts from 32 banks, brokerages and different monetary establishments and printed the outcomes on Tuesday. In accordance with consensus from varied analysts, the Mexican peso will finish the yr just under 18 to the US greenback. (ANDREA MURCIA /CUARTOSCURO.COM) The consensus forecast for GDP progress this yr is 0.2 proportion factors greater than that printed by Citibanamex two weeks in the past. The predictions of the analysts surveyed ranged from 2.3% to three.5%. Even essentially the most optimistic forecasts, which got here from analysts at French financial institution…