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Declining remittances, slowing growth no cause for long-term concerns - June 2007 |
| | Financial services | | |
Author: Tricia Juhn
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 Remittances should continue to dip gradually through to the 4Q07, before they normalize in line with baseline expectations for US GDP overall.
We are confident that there is more resilience and flexibility in Mexican consumer spending markets, particularly in the core food, beverage, and retail sectors, than formal metrics can capture.
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