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Latam Daily Flash: A sharp downside surprise in Mexico’s 2Q13 GDP leaves the door wide open for a rate cut in September.

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Published on Tuesday, August 20, 2013

Latam Daily Flash: A sharp downside surprise in Mexico’s 2Q13 GDP leaves the door wide open for a rate cut in September.

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Summary

The sharp downside surprise in Mexico’s 2Q13 GDP adds a strong downward bias to our growth forecast for 2013 and leaves the door wide open for a rate cut in September.