| Analysts Cut 2015 Mexico Economic Growth Estimate Fox News Latino | |
| go to original February 4, 2015 |
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Financial analysts cut their 2015 economic growth estimates for Mexico to 3.2 percent, the Bank of Mexico said, citing a new survey.
Analysts estimated in December that Mexico's economy would grow 3.5 percent this year.
Economic forecasters trimmed their 2016 gross domestic product (GDP) growth estimates from 4 percent to 3.8 percent and revised their 2017 GDP estimates downward from 4.1 percent to 3.9 percent.
Analysts expect the inflation rate to be 3.2 percent this year, and they revised their exchange rate projections upward to 14.18 pesos per dollar.
The Bank of Mexico survey covers 33 Mexican and foreign financial analysis and consulting firms, with reponses to the latest survey received Jan. 22-29.
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