The Conference Board's index of leading economic indicators for Mexico fell two-tenths of a percentage point in April, the most recent month for which data are available. The index now stands at 146.5 (1990=100).
The leading index was unchanged in March and decline three-tenths percent in February. For the six months ending in April, the index fell six-tenths of a percentage point, says the Conference Board, a New York-based business research group. Nevertheless, it says this year's first-quarter contraction in the Mexican economy should not continue, but rather that GDP should grow "at a sluggish pace in the near term."
