Mexico needs to boost its industrial output to improve its low economic growth and increasing public debt, economic experts told Xinhua. Jorge Sanchez Tello, a researcher from the Foundation for Financial Studies at the Autonomous Technological Institute of Mexico, explained that while certain sectors, such as telecoms and services, are growing at 3%, others are anemic. This week, the government reduced its growth estimates for 2016 from 2.2-3.2% to just 2-2.6%, citing global financial volatility and low industrial demand from the US. This would mark the fourth year of low growth for Mexico after 1.35% in 2013, 2.2% in 2014 and 2.5% in 2015.
