Mexico Economy Grew 2.6% in First Quarter on Consumer DemandBy and
Finance Ministry cut 2016 growth forecast to 2.2%-3.2% range
Statistics agency publishes final data for first quarter
Mexico’s economy expanded 2.6 percent in the first quarter from the year earlier, in line with a preliminary calculation last month, on a rebound in consumer demand. Still, the Finance Ministry cut its growth forecast for the year as the external environment deteriorated.
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