Mexico: 2025 Article IV Consultation-Press Release; Staff Report; and Statement by the Executive Director for Mexico

October 27, 2025

Summary

Economic activity has been soft since mid-2024 as the economy
confronted capacity constraints, fiscal consolidation, and restrictive monetary policy.
U.S. tariffs added to these headwinds, primarily through uncertainty eroding
consumption and investment. This has all resulted in subdued growth in 2025.
Inflation has moderated but underlying pressures have not been fully resolved.

Subject: Economic sectors, Expenditure, Inflation, Prices, Public debt, Public sector

Keywords: financial system, fund holding, Global, Inflation, inflation-targeting regime, Public sector, staff report, Subnational finance

Pages:
115
Volume:
2025
DOI:
https://doi.org/10.5089/9798229025140.002
Issue:
286
Series:
Country Report No. 2025/286
Stock No:
1MEXEA2025001
ISBN:
9798229025140
ISSN:
1934-7685

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