OECD Economic Outlook, Volume 2007 Issue 2

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Mexico
After a moderate slowdown in 2007, reflecting a weakening of external demand, GDP growth is expected to accelerate in the course of 2008 and reach 4¼ per cent in 2009. The approval of the fiscal reform should boost business confidence, underpinning stronger (domestic and foreign) investment. Inflation, affected by the increases in international oil and food prices, may rise to above 4% during 2008, easing down thereafter, and approaching the inflation target by the end of 2009. The current account deficit is expected to widen gradually.
Also available in: French
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