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Sales figures show Mexican economy continues to weaken.(Brief Article)
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America's Insider
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August 30, 2001
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Copyright informationCOPYRIGHT 2001 Darien Gap LLC. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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MEXICO CITY -- The slowdown of the Mexican economy was underlined at the end of last week by yet another fall in retail and wholesale sales, with the National Statistics Institute (INEGI) reporting that retailers saw sales rise by a disappointing 0.9% year-on-year in June. Wholesale sales plunged 10.3% in the same period. Although department store and supermarket sales held up, auto sales dragged the retail figures down, suggesting that consumers are postponing big ticket purchases until the economic picture becomes clearer.
Emy Shayo, Latin America economist for Bear Stearns, in New York believes these figures reflect the deepening slowdown in the Mexican economy, which ...
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August 16, 2003 ;
96 words
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Mexican Economy Secretary, Eduardo Sojo
Getty Images (by Event);
March 23, 2007 ;
LUIS ACOSTA;
19 words
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87 words
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221 words
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143 words
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147 words
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120 words
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218 words
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105 words
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January 31, 2003 ;
216 words
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September 3, 2002 ;
206 words
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