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Fitch Just Raised Mexico's Growth Forecast. The USMCA Fine Print Matters More.

Summary by Latin Times
Fitch raised Mexico's 2026 growth outlook to 1.4%, but annual USMCA reviews and auto tariffs still shape costs for importers and exporters.

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The Fitch qualifier raised its growth forecast for the Mexican economy for this year from 1.0 to 1.4 percent, and kept its forecast for 2027 unchanged by 1.8 percent.

·Mexico
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The Mexican economy will grow more than expected in 2026, driven by exports, the rise of artificial intelligence in the United States and a relatively favorable tariff treatment. However, Fitch Ratings warned that uncertainty around the T-MEC and some internal changes may contain investment and limit...

The qualifier raised its forecast by 0.4 percentage points, but warned that uncertainty over the T-MEC and internal reforms can limit investment.

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Expansion broke the news on Tuesday, September 22, 2026.
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