Official says Mexico growth rate sustainable

Reuters – Mexico can sustain its current solid level of economic growth over the next few quarters as strengthening internal consumer demand combines with a robust industrial sector and a rebound in U.S. growth, Mexico’s deputy finance minister said. Fernando Aportela also said Mexico expects to continue its oil price hedging program next year at a level that is “compatible” with its 2017 budget, which assumes an oil price target of $35 a barrel.

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