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Economy & Business - January 2012 (ISSN 1741-7430)

Waiting for the domestic economy

Although retail sales reported to the retailers’ association, Antad, were 5.2% up year-on-year in the first 11 months of 2011, clearly the domestic economy lagged the overall economy, which was boosted by improving exports to the US. In 2012 the US economy is likely to continue to grow and investment in Mexico, from cash-heavy US corporations, will also probably pick up. The big question, however, is how will the Mexican consumer respond.

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