Mexican Economy in Sweet Spot

Mexican Economy in Sweet Spot

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by Natalie Feary  After a few rough years, Mexico is poised for strong growth without inflation. However, deteriorating security amid rising drug-related crime may deter investors, and a lot depends on continued US strength. "The Mexican economy is in a sweet spot, with output, growth and inflation all positive for 2011," says Lupin Rahman, senior vice president of emerging markets portfolio management at Pimco, which has over $1.3 trillion in assets under management. The GDP growth forecast for 2011 is 4%-5%, according to the finance ministry. A big pick up is expected from the manufacturing sector and domestic demand, says Alfredo Thorne, head of global markets at Banor

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