Growth forecast revised again.(Mexico's economic conditions)(Brief Article)
America's Insider, August, 2001
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MEXICO CITY --The Banco de Mexico revised down its growth forecasts for 2001 yet again on Wednesday, to 0.77% of GDP, against earlier hopes of a 1.7% expansion, admitting that the business climate and confidence levels were continue to show weakness. Even this revised figure depends upon a rebound in growth in the fourth quarter, which is looking less and less likely as the ...
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