| Mexican Consumer Confidence Falls to 5-Month Low Michael O'Boyle - Reuters | |
| go to original August 7, 2014 |
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MEXICO CITY - Consumer confidence in Mexico fell during July to its lowest since February amid a sluggish recovery in domestic demand.
The seasonally adjusted rate dropped to 88.1 from 90.4 in June, the national statistics agency said on Tuesday.
Latin America's No. 2 economy picked up some pace in the second quarter on rising exports after a weak start to the year, but consumer spending has been muted, and analysts have cut their outlook for growth in 2014 to below 2.6 percent.
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