Mexico's population grew increasingly confident in terms of spending this past June. It was released on Tuesday by the national statistics agency that Mexico's consumer confidence index rose to 91.9 in June (when adjusted for seasonal factors). Analysts polled by Reuters expected June data to reflect 90.7.
Although consumer confidence hasn't risen much since the recession, the good news is investors predict that interest rates will remain steady until April 2012.
Read more on the positive impact this could have on the Mexican economy.
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