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LatinNews Daily - 15 July 2019

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In brief: Mexico

* Mexico’s central (Banxico) has published minutes from a recent meeting with government officials regarding monetary policy which confirm that, following Q1 and preliminary Q2 figures, officials believe that Mexico’s economy will grow at a slower rate than previously predicted this year. Mexico’s GDP was down 0.2% in Q1, and some believe that the stagnation in economic growth in Mexico this year could lead to a mild recession. The officials cited by Banxico attribute these poor growth rates to events in the international economy, citing growing tensions between the US and its primary trade partners as the primary risk for Mexico’s economy.