2014-01-22 22:27:16 - Fast Market Research recommends "Mexico Freight Transport Report Q1 2014" from Business Monitor International, now available
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&nbsp;and&nbsp;Nissan&nbsp;have indicated plans to expand manufacturing capacity at their plants in Mexico. Although we estimated real GDP growth of just 1.6% for Mexico in 2013, we expect an acceleration in economic growth in 2014, underpinned by a recovering manufacturing sector and a pick-up in fixed investment, following earlier delays.
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