The Bank of Mexico said it expects gross domestic product to grow between 2% and 2.5% this year, a slight reduction from the range of 2% to 2.8% forecast in August.
In its third-quarter inflation report, the central bank said it sees the economy continuing to recover, mainly as a result of strong demand for Mexican exports, while domestic demand is seen picking up gradually.
The new estimate comes ahead of Friday's report on third-quarter gross domestic product, which the central bank estimates will have expanded2.2% from the year-earlier quarter and be up . . .
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