Mexico GDP grows 2.8 percent in 2nd quarter (AP)

MEXICO CITY - Mexico's economy expanded 2.8 percent in the second quarter, up slightly over 2.6 percent growth in the first three months of the year.

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A Thursday statement from the National Statistics Institute said the farming sector led gains, posting 4.4 percent growth from a year earlier amid rising food prices. Mexico expects growth to slow as the U.S. economy cools, prompting the Finance Ministry cut its 2008 growth estimate to 2.8 percent from 3.7 percent.

Full Story: Mexico GDP grows 2.8 percent in 2nd quarter (AP)

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