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Mexico's Economy Rebounds Outlook Revised Up

-- this post authored by Jesus Canas and Chloe Smith Mexicos gross domestic product (GDP) grew an annualized 58.0 percent in third quarter 2020. The consensus GDP growth forecast for 2020, compiled by Banco de Mexico, was revised up from -9.3 percent in October to -9.0 percent in November.[ 1] The latest data available show continued improvement as industrial production, employment, exports and retail sales increased. The peso gained ground against the dollar in November, while inflation was cl...
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