From Infobae · · 1m 40s
Mexican Economy Projects 1.8% Growth by End of 2026
Deloitte forecasts Mexican economy growing 1.8% by end of 2026, with 2.1% projected for 2027.
In brief
Deloitte forecasts Mexican economy growing 1.8% by end of 2026, with 2.1% projected for 2027. Deloitte predicts Mexican economy will grow 1.8% by end of 2026 and 2.1% in 2027. Originally reported by Infobae.
Deloitte Raises Mexican Growth Forecast
Deloitte Econosignal raised its economic growth forecast for Mexico to 1.8% for the remainder of 2026 after observing better-than-expected performance in energy, construction, and electronics component manufacturing.
Sectoral Performance in Q3 2026
The economy grew 0.9% quarterly and 3.2% annually in Q3 2026, with tertiary activities rising 1.1% and secondary activities advancing 0.8%.
Energy and Construction Drive Recovery
Energy and construction sectors are driving Mexico's economic recovery, with oil and coal derivatives manufacturing up 12.3% bimonthly in July and August.
Automotive Sector Faces Challenges
The Mexican automotive industry faces external competitiveness pressures and U.S. trade restrictions, with manufacturing down 3.3% in 2026.
T-MEC and Currency Impact 2027
Deloitte projects 2.1% growth for 2027, driven by T-MEC negotiations and a peso depreciating between 18 and 19 pesos per dollar.
Inflation Risks from Currency Depreciation
A stronger dollar increases inflation risks due to imported goods, industrial inputs, and foreign components.
Daniel Zaga's Analysis
Daniel Zaga, Deloitte Spanish Latin America chief economist, notes Mexico faces a new currency paradigm with historically low interest rate differentials.
Key Challenges for Growth
Reducing sectoral disparities and strengthening manufacturing competitiveness are critical for sustainable economic growth in Mexico.
What Happens Next
Mexico aims to leverage sectoral strengths to achieve more balanced growth, investment opportunities, employment, and competitiveness by 2027.
The essence
Deloitte predicts Mexican economy will grow 1.8% by end of 2026 and 2.1% in 2027.
