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

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  • International Monetary Fund

Abstract

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.

Suggested Citation

  • International Monetary Fund, 2025. "Mexico: 2025 Article IV Consultation-Press Release; Staff Report; and Statement by the Executive Director for Mexico," IMF Staff Country Reports 2025/286, International Monetary Fund.
    • Handle: RePEc:imf:imfscr:2025/286
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