New Market Research Report: Mexico Freight Transport Report Q1 2014
We have revised up our real GDP growth forecasts for Mexico from 3.5% to 3.9% in 2014. The latest release of GDP data show that manufacturing in Mexico grew 2.9% year-on-year during the third quarter of 2013. In addition to favourable data out of the US, Mexico's key export market, we note that autos manufacturers Chrysler and Nissan have indicated plans to expand manufacturing capacity at their plants in Mexico. Although we estimated real GDP growth of just 1.6% for...
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