Mexican inflation expectations ease in May (2)

Mexico's peso stayed strong thanks to rising prices of oil, the nation's single largest export. The strong peso has helped check prices for imports, including corn, which is used in making tortillas, the nation's stable food.

Analysts surveyed by the bank said uncertainties in the global economic environment have helped pull back Mexican growths.

Mexico need to continue structural changes to boost growths and curb inflation, they said.

Mexico is recovering from a deep recession, largely thanks to a recovery in exports to the United States, its leading trade partner.Source:Xinhua
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