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Economy & Business - March 2011 (ISSN 1741-7430)

MEXICO: Picking up

One of the surprises in Mexico's recent GDP data is the pick up of the domestic market. Officially, domestic demand grew by 5% in 2010. This suggests that for 2011 the government's optimistic growth forecasts of 4% plus look feasible. Indeed the finance minister, Ernesto Cordero, said this week that it was possible that the economy could grow 5.5% in 2011.

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