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Home arrow Browse Archive arrow Finance arrow Declining remittances, slowing growth no cause for long-term concerns - June 2007
Declining remittances, slowing growth no cause for long-term concerns - June 2007
 Financial services
 
Author: Tricia Juhn
 

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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