Banxico Cuts Mexico's 2025 Growth Forecast to 0.1%

Mexico's Economic Growth Forecast Cut to 0.1% Amidst Tariff Concerns Mexico City, May 29, 2025 – Banxico, Mexico's central bank, unexpectedly slashed its economic growth projection for 2025, revising it down from a previously anticipated 0.6% to a mere 0.1%. This significant downward revision reflects growing anxieties surrounding the potential for further imposition of tariffs by the Trump administration. The decision was announced by Governor Victoria Rodriguez, who emphasized that while the Mexican economy is currently experiencing a period of stagnation, it is not yet in a recessionary state. "The threat of additional tariffs remains, and this has influenced our revised forecast," Rodriguez stated. The video footage shows various scenes of daily life in Mexico City, highlighting the real-world impact of this economic news. The lower-than-expected growth projection underscores the ongoing challenges faced by the Mexican economy and the sensitivity of its performance to external factors, such as international trade policies.