UPDATE 2-Mexico's economy grew tepid 2 pct in July

Newswire

(Adds analyst quotes) MEXICO CITY, Sept 26 (Reuters) - Mexico's economy grew a tame 2 percent in July amid a slump in the key manufacturing sector, a motor of the economy that has become its Achilles heel. The government said on Monday that manufacturing output dropped 2.1 percent from July last year following a weakening in demand for cars and car parts from the United States, the destination of 90 percent of Mexico's exports. "There was a slowdown taking place, but the magnitude of ...

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