Bank of Mexico Cuts 2023 Growth Estimate on Global Slowdown

MEXICO CITY – The Bank of Mexico lowered its growth forecast for 2023 on expectations of slower global economic activity and weaker foreign demand for goods made in Mexico, particularly from the United States

The central bank expects gross domestic product to grow 1.6% next year from 2.4% previously.

“The outlook for global economic activity is…

https://www.wsj.com/articles/bank-of-mexico-cuts-2023-growth-estimate-on-global-slowdown-11661972481 Bank of Mexico Cuts 2023 Growth Estimate on Global Slowdown

Alley Einstein

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