Reuters: US Dollar Report: UPDATE 1-Mexican growth seen accelerating in 2014 -Finance Ministry

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UPDATE 1-Mexican growth seen accelerating in 2014 -Finance Ministry Apr 2nd 2013, 02:33 Mon Apr 1, 2013 10:33pm EDT MEXICO CITY, April 1 (Reuters) - Mexican economic growth should accelerate to around 4.0 percent in 2014, up from an estimated 3.5 percent this year, the country's Finance Ministry said Monday. In its latest budget forecasts, the ministry said it sees a slight weakening of the peso, to 12.6 pesos per dollar on average in 2014 from 12.5 pesos per dollar in 2013. The ministry also said it expects average crude oil production to hold steady at 2.55 million barrels per day for both 2013 and 2014. Average oil prices are seen dropping to $82.9 per barrel in 2014 from $86 per barrel in 2013, the ministry added.

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