Report Published: "Mexico Infrastructure Report Q3 2014"
We are maintaining our expectation that Mexico's construction industry will return to growth in 2014 following a 4.5% contraction in 2013. Persistent delays in reviving public sector investment have seen us downgrade growth for 2014 and we now forecast 3% growth for the period. The recovery will gather pace in 2015, with 4.1% growth expected, as the MXN7.7trn National Infrastructure Plan filters through to activity on the ground in infrastructure and residential projects.
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