Within governance issues, insecurity problems top the list of factors that can play against the economy, followed by political uncertainty, the central bank detailed in a statement.
In second place, although far from 62% of the governance issues, and with 12% of the responses are internal economic conditions.
In third place are internal conditions and completing the list of possible obstacles to growth are monetary policy (7%), inflation (6%) and public policies (3%).
Economic impact
On a scale from 1 to 7, where 1 means that the aforementioned factors will not limit economic activity and 7 that they will be very limiting, experts in the sector rated governance issues with 6.1, monetary policy with 5.1, inflation with 4.9; public finances and internal economic conditions with 4.6 and external conditions 4.2.
Indicators
Private sector experts lowered their estimates for inflation at the end of 2023, from 5.05% in April to 5.02% in May. Despite an improvement for the national consumer price index, they expect the core index to end the year at 5.4%, when the previous month they anticipated 5.36%.
As far as economic growth is concerned, they now expect gross domestic product to grow 2% this year, after 1.6% the previous month.
Banxico’s reference rate will end the year at 11%, they expect 25 base points less than the previous estimate.
