Mexican recovery reflects external patterns: Mexico’s Sánchez

bank-of-mexico

Manuel Sánchez, the deputy governor of the Bank of Mexico, on July 14 said the main downside risks to economic growth in Mexico were external.

At the United States-Mexico Chamber of Commerce, New York, Sánchez said the improvement in economic conditions in Mexico had occurred in tandem with the recovery in the United States, with both starting to exhibit a clearer growth path in the middle of 2010. However, he said the slowdown in Mexican industrial production also coincided with external

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