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Mexico Outlook Revised Down Despite Faster Growth In Second Quarter

Sunday, September 27, 2015 4:18
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(Before It's News)

from the Dallas Fed

Mexico’s economy grew at an annualized rate of 2 percent in the second quarter, up from 1.7 percent in the first quarter. More recent data suggest that growth continued into the third quarter. Exports, employment, retail sales and industrial production are all up. Inflation is under control even as the peso has depreciated further against the dollar to levels not seen in recent history.

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Source: http://econintersect.com/pages/contributors/contributor.php?post=201509270607

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