Private-sector economists surveyed in July lowered their 2013 growth forecast for Mexico to 2.65 percent, down from 2.84 percent in the previous month's survey, the central bank said.

The analysts surveyed in July by Banco de Mexico, however, slightly raised their growth forecast for next year to 3.98 percent, up from 3.93 percent in June.

The experts cited weakness in foreign markets and the global economy, international financial instability, domestic public safety concerns and the lack of structural change in Mexico as reasons for lowering their 2013 gross domestic product forecast.

According to provisional seasonally adjusted figures, Mexico's economy expanded at an annual rate of 2.5 percent in the second quarter of 2013, up from 2.2 percent growth in the first three months of the year.

Mexico's government has maintained its forecast of 3.1 percent growth for this year, saying it expects stronger economic performance in the second half of the year and higher tax revenues.

The private-sector economists also lowered their inflation forecast for this year to 3.64 percent, down from 3.79 percent in the previous survey.

They also predicted a slightly weaker peso at year's end, forecasting an exchange rate of 12.65 pesos per dollar at the close of 2013. In the June survey, those analysts had forecast a year-end rate of 12.59 pesos to the greenback.

The economists forecast a $6.6 billion trade deficit, a $15.4 billion current account deficit and total foreign direct investment of $27.4 billion in 2013. EFE