Mexico’s Central Bank, Banxico, recently updated its economic growth forecasts for 2023 and 2024, showing optimism. This positive revision reflects stronger-than-expected external demand and increased domestic spending. In their latest third-quarter inflation report, Banxico predicts Mexico’s Gross Domestic Product (GDP) to rise by 3.3% in 2023, a growth higher than the initial 3.0% forecast. The […]
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