Bloomberg News

Mexico Has No Plans to Revise 4% GDP Forcast, Messmacher Says

October 10, 2011

Oct. 10 (Bloomberg) -- Mexico has no plans to revise its 2011 economic growth forecast of 4 percent, Miguel Messmacher, the Finance Ministry’s chief economist, said today in Mexico City.

Messmacher, speaking at an event in Mexico City, also said that Mexico’s economy may see a significant expansion in the newt few years and that there are no plans to revise the current economic growth forecast for this year of 4 percent.

Speaking afterward, Messmacher said that recent U.S. economic reports have helped to reverse the downward risk of Mexico’s economy.

To contact the reporter on this story: Nacha Cattan in Mexico City at ncattan@bloomberg.net

To contact the editor responsible for this story: Robert Jameson at rjameson@bloomberg.net


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