Sat. Jun 22nd, 2024
Draft Budget Reveals Mexican Economy Expected to Grow up to 3.5% in 2024, According to The Mighty 790 KFGO

The Mexican economy is projected to grow between 2.5% and 3.5% this year, according to a draft budget from the finance ministry. The forecast for 2025 shows further expansion, with a growth rate of 2.0% to 3.0%. Inflation in Mexico’s second-largest economy in Latin America is expected to decrease to 3.8% this year, aligning with the central bank’s target range of 3%, plus or minus one percentage point.

The draft budget also predicts a slowdown in inflation for 2024, with an expected rate of 3.3% for 2025. The exchange rate for the Mexican peso is projected to be 17.8 pesos per dollar this year, with a slight weakening to 18.0 pesos per dollar in

By Aiden Nguyen

As a content writer at newscholarly.com, I delve into the realms of storytelling with the power of words. With a knack for research and a passion for crafting compelling narratives, I strive to bring forth engaging and informative articles for our readers. From decoding complex concepts to unraveling current events, I aim to captivate and educate through the art of writing. Join me on this journey as we explore the ever-evolving landscape of news and knowledge together.

Leave a Reply