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There's no longer any question: the economy is slowing down

Summary by El Financiero
There is no doubt that the Mexican economy is slowing down. With the data from the Global Indicator of Economic Activity (IGAE) released yesterday by INEGI, as well as those from the Timely Indicator of Economic Activity (IOAE) from last week, we can estimate that the pace of the economy in the second quarter of the year was around 1.1 percent at an annual rate. In the first three months, GDP had grown at a rate of 1.9 percent. Therefore, the fi…
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