*Central Bank GDP growth forecast up to 2011; 3.8-4.8 percent.
*It provides for inflation to be between 3-4 percent in 2011-2012.
* Mexican peso is undervalued compared to 2008: Agustín Carstens.
Mexico's economy, the second largest in Latin America, could grow between 3.8 and 4.8 percent in 2011 from a previous range estimate of 3.2 and 4.2 percent, said central bank chief, Agustín Carstens.
Agustín said that the expansion of gross domestic product (GDP) could be similar to 2012, while waiting for the economy to function with all engines in the second half of 2011.
The central banker said the price index will fluctuate between 3 and 4 percent in the next two years, but noted that the volatile prices of raw materials or the suspension of the country capital flows are risk factors
The Bank the Mexico (central) has an inflation target of 3 percent + / - one percentage point.
3 comments:
Thank you for sharing your thoughts. I really appreciate your efforts and I will be waiting for your further
post thank you once again.
Look at my site; Golfnow ocala
Greetings! This is my first comment here so I just wanted to give a quick shout out and tell you I truly enjoy reading your posts.
Can you suggest any other blogs/websites/forums that go over the same subjects?
Thank you!
Here is my web site; hottravelworld.com
What's Happening i'm new to this, I stumbled upon this I've found It absolutely helpful and it has helped me out loads. I am hoping to contribute & aid different customers like its aided me. Great job.
Feel free to surf to my webpage; indoor golf simulator impact screen
Post a Comment