Carstens Says Mexico GDP Growth May Reach 4%-5% Forecast

Mexico’s central bank Governor Agustin Carstens said that the country’s economy can still expand as much as 5 percent this year even after the first quarter’s slower-than-expected growth.

The combination of a stronger U.S. economy, the recovery of domestic consumption and private investment “may help us reach the central bank forecast,” Carstens said today in an interview in Mexico City.