The most recent Citi Expectations Survey reveals a bleak outlook for Mexico. Analysts have once again cut their growth estimate for the Gross Domestic Product (GDP) in 2025, placing it at a marginal 0.1%.
This adjustment represents the sixth consecutive reduction, reflecting growing concern about the country's economic direction.
The range of projections is broad and alarming: while Barclays anticipates a growth of 0.7%, Masari Casa de Bolsa foresees a contraction of 0.8%. Additionally, 12 of the 34 institutions consulted estimate a GDP decline this year, including UBS with a projection of -0.7%.
Distrust in government policies
This outlook reflects widespread distrust in the economic policies implemented by the Morena government. The lack of clarity in fiscal strategy, international uncertainty, and decisions that have deterred private investment fuel this skepticism.
