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Mexico: Growth Quickens
Mexican economic growth quickened to 3.1 percent year-on-year in the second quarter, led by a jump in investment as companies build plants to meet rising demand in the domestic market and in the US. The Mexican economy grew 2.4 percent in the first quarter. Mexico´s central bank has left its benchmark interest rate unchanged since March as inflation has moved closer to the bank´s target of 2 to 4 percent.
