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Mexico revises 2013 growth up to 1.4 percent

Monday, September 15, 2014

Mexico's economy grew at a rate of 1.4 percent in 2013, according to an upwardly revised estimate of the country's gross domestic product reported by national statistics agency INEGI.

The agency, which had previously estimated 2013 growth at 1.1 percent, said in a statement that the new figure was mainly due to a more complete picture of financial sector activity.

Mexico's economy is set to grow by 2.7 percent in 2014, and by 3.7 percent in 2015.

Source: Reuters