Banxico raised its 2026 GDP growth forecast to 1.5%, an increase of 0.4 percentage points from the previous estimate of 1.1%. ^[1] Analysts from the private sector surveyed by the Bank of Mexico (Banxico) raised their expectation for the country's economic growth to 1.25% for the current year. ^[2] The Bank of Mexico (Banxico) reported that remittances sent to Mexico rose 3.1% to $36.3 billion in the first seven months of 2026 compared to the same period last year. ^[3] The Bank of Mexico (Banxico) reported on July 2026 that remittance inflows to Mexico reached $5.57 billion, a 3.0% increase compared to July 2025. ^[4] Mexico received $5.571 billion in remittances in July 2026, marking a sixth consecutive month of growth. ^[5] Heliodoro Gil Corona, an economist at the University of Michoacan de San Nicolás de Hidalgo, stated on 2026-08-31 that Mexico's minimum wage is projected to increase moderately in 2027. ^[6] The central bank attributed the upward revision to stronger-than-expected economic growth during the second quarter, which grew 1.4% compared to the first three months of the year. ^[7] The central bank cited the activation of the USMCA's annual review mechanism by the United States as a factor extending uncertainty surrounding regional trade relations. ^[8] In the survey conducted between August 18 and 26, 64% of analysts estimated that the business climate would remain unchanged over the next six months. ^[9] The revised growth forecast of 1.25% exceeds the 1.11% rate predicted in August and matches the rate expected at the start of the year. ^[10] In July 2026 alone, Mexico received $5.571 billion in remittances, representing a 3% year-over-year increase. ^[11] The average remittance amount sent by Mexicans to their home country increased by 4.8% between January and July, rising from $390 to $408 compared to the same period in 2025. ^[12]