Key facts
- Analysts now expect 2026 headline inflation at 3.87%, down from 3.90%.
Private sector analysts polled by Mexico's central bank slightly lowered their inflation forecasts for 2026 and 2027, while also raising their economic growth estimate for 2026. The analysts expect the benchmark interest rate to remain unchanged through the end of next year.

The slight downward revisions to inflation forecasts and the upward revision to growth expectations suggest a stable outlook for Mexico's economy, potentially influencing monetary policy decisions and investor sentiment.
Private sector analysts polled by Mexico's central bank have slightly reduced their inflation forecasts for 2026 and 2027, while increasing their economic growth projection for 2026. The survey, conducted between September 15-28 among 12 analysts, indicated that headline inflation for 2026 is now expected to be 3.87%, down from a previous forecast of 3.90%. Core inflation for the same year is projected to be 3.90%, a decrease from 3.99%.
For 2027, the median forecast for annual headline inflation was trimmed to 3.82% from 3.84%, and core inflation is expected to fall to 3.78% from 3.80%. The economic growth forecast for 2026 was revised upward to 1.40% from 1.30%. Analysts also anticipate that the benchmark interest rate will remain at its current level of 6.50% through the end of 2027.
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