Mexico analysts see slightly higher inflation, lower growth

BY Reuters | ECONOMIC | 11:14 AM EDT
          MEXICO CITY, June 1 (Reuters) - Private sector analysts
polled by Mexico's central bank slightly raised nearly all
forecasts for inflation this year and next, while trimming their
economic growth estimates, the bank said on Monday.
    While headline inflation this year is now expected at 4.35%,
down from the previous month's estimate of 4.38%, analysts upped
their forecasts for headline inflation next year and core
inflation for this year and next.
    For 2026, analysts see gross domestic product growth at just
1.10%, a downgrade from the previous forecast of 1.38%.
    Analysts do not foresee the Bank of Mexico making any more
adjustments to the benchmark interest rate from the current
6.50% through the end of next year.
                            April                May
 Inflation, end year
 pct
 2026                        4.38               4.35
 2027                        3.80               3.84
 Core inflation, end
 year
 2026                        4.19               4.22
 2027                        3.80               3.86
 Economic growth,
 annual pct
 2026                        1.38               1.10
 2027                        1.88               1.80
 Peso-dollar rate, end
 yr
 2026                       18.00               17.95
 2027                       18.51               18.50
 Interbank lending
 rate
 2026                        6.50               6.50
 2027                        6.50               6.50
    The survey of 43 analysts was taken between May 18-27. The
values shown are medians.

 (Reporting by Kylie Madry; Editing by Aida Pelaez-Fernandez)

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