Mexico shows signs of end to recession

MEXICO - The Bank of Mexico on Tuesday raised its forecast for the country's gross domestic product growth this year to 1.8 per cent from 1.5 per cent, apparently confirming predictions that the economy is starting to follow the US out of recession.

The new forecast by the central bank implies a strong recovery at the end of this year, as GDP appears to have fallen in the first quarter compared with the equivalent period of 2001.

While year-on-year comparisons still show the economy in a worse

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