Exclusive Access
Join our mailing list for Real Estate News, Events, Insights & Resources.
BBVA Raises Growth Forecast to 2% for 2022
- Mexican economy expected to improve in H2 2022 with a projected 2% growth, driven by increased consumption.
- However, a less favorable outlook for 2023 with projected growth of 1.6%.
07/15/2022
The Mexican economy is expected to improve in the second half of 2022, following a strong performance in the first quarter, increased consumption, and the gradual easing of bottlenecks, particularly in the automotive sector.
According to BBVA experts, they anticipate a 2% growth in economic activity, an increase from their previous estimate of 1.2% for 2022.
However, the outlook for 2023 is less optimistic, with a projected growth of 1.6% compared to the previous 2.1%. This is due to a slowdown in various components of domestic demand, higher inflation levels, and a restrictive monetary policy.
ABOUT SiiLA
Founded in 2015, SiiLA is the industry leading REsource for comprehensive commercial real estate market insights, news and events across Latin America. The SiiLA suite of innovative products drive greater accuracy, efficiency, and strategic advantages for top players in the commercial real estate industry.
10% of Companies Drive Industrial Growth. But They Aren’t the Largest
06/22/2026Mercado Libre, Poised to Take Mexico’s Industrial Crown
06/16/2026Ten Years Later, Aeroméxico Returns to Reforma 445
06/11/2026Negative Net Absorption in Bajío Retail: Crisis or Mirage?
06/10/2026Remodel, Replace or Reinvent: When Full Occupancy Is No Longer Enough
06/09/2026Transactions
Kuehne+Nagel Grows Like Logistics: Between Factories and Consumers
LG Pays a Premium to Macquarie in a Slower Apodaca
Nearshoring
Between Importing and Exporting: Mexico Does Not Substitute Auto Parts, It Needs Them to Export
Hofusan and the Limits of Asia’s Industrial Model in Mexico
Trusted by Leading Publications
