Did Santa Claus kickstart Mexico's economy in 2005?


By Brian Winter MEXICO CITY, Feb 17 (Reuters) - An unexpected surge in Mexico's economy that began around Christmas has probably carried over into 2005, leading some Wall Street analysts to pump up their growth forecasts for this year. Mexican shoppers snapped up refrigerators, TVs and other big-ticket items before and during the holidays, as domestic demand drove economic growth to an annualized 4.9 percent in the fourth quarter, according to data published on Wednesday. The economic ...

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