Mexico’s First-Quarter Growth Revised Higher – Dallasfed.org

Mexico’s economy grew faster in first quarter 2017 than previously estimated. Gross domestic product (GDP) increased 2.7 percent, according to the government’s second estimate. Consequently, the consensus 2017 GDP growth forecast was revised to 2 percent from 1.7 percent in April.Other, more recent data were mixed; employment growth improved, but exports, industrial production and retail sales fell. Inflation rose further while the peso held steady against the dollar.

Source: Mexico’s First-Quarter Growth Revised Higher – Dallasfed.org

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