Event Brief
May 13, 2026 at 7:05 PM ET
S&P downgrades Mexico’s rating; 2026 growth seen at 1%
By The BriefBrief
Mexico’s Finance Ministry said S&P downgraded the country’s rating and cut its 2026 GDP growth forecast to 2.3%.
WHO: Mexico’s Finance Ministry
WHAT: S&P downgraded Mexico’s credit rating and Mexico cut its 2026 GDP growth forecast
WHEN: May 13, 2026 at 6:42 PM ET
WHERE: Mexico
WHY: The rating downgrade and weaker growth outlook prompted a lower GDP growth forecast.
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