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Mexico.- The Mexican economy accelerated its pace at the beginning of the year and the industrial sector took back its ascending path, while Europe “submerges into the cold waters of recession and stagnation”, the Mexican Confederation of Industrial Chambers, Confederacion de Camaras Industriales (Concamin), declared.
They say that the main developed economies are advancing at a slower pace and international trade is losing momentum, due to fiscal adjustment strategies applied and the adoption of protectionist measures.
Meanwhile, Mexico injected dynamism into its growth and “this is where the merit lies for results obtained in the first part of the year”, Concamin says in the June edition of their magazine Pulso Industrial (Industrial Pulse).