Estimated 2017 growth rate of 1.8% for Mexico

The World Bank (WB) prospected a 1.8% economic growth rate for Mexico in 2017 and 2.2% in 2018.

The WB estimates that economic growth in Mexico might decelerate, shifting from a 2.3% in 2016 to a 1.8% this year, due to the expected shrinking of investment, reflecting uncertainty about the U.S. economic policies.

The WB underscored that, even though the budget policy of the U.S. might have positive effects on regional exports, a more protectionist commercial policy would be “damaging” to Mexico and many other countries in Central America and the Caribbean.