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Goldman and Barclays Boost Mexico Growth Calls on U.S. Demand

  • GDP grew 0.8% q/q in first quarter, beating 0.7% forecast
  • Major banks revised 2021 growth forecast to around 6%
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Analysts from Goldman Sachs & Co. to Barclays Capital Inc. see Mexico’s economy growing faster this year after a better-than-expected first quarter bolstered by strong U.S. demand and the services sector.