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Paris, France.- Mexico will grow 3.6% in 2012 thanks to the dynamism of industry and exports, a better perspective than last fall’s, according to the Organization for Economic Cooperation and Development (OECD).
Late last year, OECD considered that, taking into consideration the problems of developed economies, Mexico would grow barely 3.3%, the document “World Economic Outlook” points-out in their first 2012 edition.
“The strengthening of US economy should offset the effects from the Euro zone and the moderate domestic demand in Mexico. Combined to a growing expansion of exports and industry as well as sustained improvement of the internal situation, GDP should post growth over 3.6% and will be very close to 4% in 2013”, the document points-out.
It further says that, among the countries members of OECD, Mexico is second in the ranking of countries to achieve the largest growth, only after Chile with 4.4%.