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Mexican economy shrugs off the Trump effect

Tuesday, May 23, 2017


Mexico on Monday revised upward its official 2017 growth estimate, shortly after government data showed the economy was largely shrugging off fears Donald Trump's policies would wreak havoc on Mexican exports and investment.

The Mexican Finance Ministry said it was raising its 2017 growth estimate to 1.5 to 2.5 percent, slightly above its previous range of 1.3-2.3 percent.

Source: Reuters