Weekly Report - 10 April 2014 (WR-14-14)

MEXICO | Signs of a healthy economic recovery. On 3 April the governor of Mexico’s central bank (Banxico), Agustín Carstens, said that he now saw indications of a healthier rate of economic recovery than previously expected. Carstens asserted that Mexico’s economy, Latin America’s second largest, was giving signs of improving activity after a largely disappointing first quarter. Last year the Mexican economy grew by just 1.1%, but the government of President Enrique Peña Nieto has said that it expects an upturn this year and is forecasting growth of 3.9%.

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