JP Morgan recommends investment in Mexico
Monterrey, Mexico.- Mexico could be an attractive destination for investment this 2012, considering the rebound of domestic demand, together with strong placement of consumption credit, which will be the driving forces for significant economic growth by the country, according to Nur Cristiani, Head of Equity Research & Strategy Department with JP Morgan in Mexico.
“Growth expected for economy is strong and with raising perspectives. As a matter of fact, like many in the market recently, we at JP Morgan have just revised our growth estimates for 2012 from 3.3% to 3.8%”, Cristiani pointed-out in a questionnaire sent by e-mail at the request of El Norte newspaper.
She also said that no inflation pressures are expected and stressed the discipline observed in fiscal and monetary policies compared to other countries in the region and in the world.
Source: Excelsior | Date: 27/04/2012