LatinNews Daily - 01 May 2018

* Mexico’s national statistics institute (INEGI) has released new figures which show that GDP growth in the first quarter of the year was 1.1% compared with the previous quarter, bringing the year-on-year rate to 2.4%. In its latest (April) forecast, the United Nations Economic Commission for Latin America & the Caribbean (Eclac) forecast that Mexico’s GDP will increase by 2.3% in 2018. According to December 2017 figures from Eclac, Mexico’s GDP grew by 2.2% in 2017.

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