The survey results come just days after the
The economists' revised prediction coincides with warnings by the
The central bank had already downwardly revised its forecast for Mexican growth, saying in May it expected the economy to expand by between 2.3 percent and 3.3 percent this year, down from an earlier prediction of between 3 percent and 4 percent growth.
The Finance Secretariat also cut its forecast for
Despite the first-quarter weakness, the secretariat said it was confident the economy would rebound in the second half of the year.
The economists that took part in the survey estimated that inflation will come in at 3.78 percent at the end of 2014, while the exchange rate will finish the year at
They also predicted a trade deficit of
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