Bank of Mexico expects inflation to continue falling

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The Bank of Mexico believes inflation will continue to fall and the rate of the country's economic growth will fall, according to an inflation report released on November 11.

Between July and September, economic expansion showed signs of deceleration because of an "intensified" negative shock to external demand, which could deepen further with a deterioration of US growth expectations, the report said.

Consequently, the central bank has adjusted the expected annual GDP growth rate from between 3

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