March 31, 2017 / 2:22 PM / 4 months ago

Mexico finance ministry sees economy growing 1.3-2.3 pct in 2017

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MEXICO CITY, March 31 (Reuters) - Mexico's finance ministry on Friday said it expects the economy to grow between 1.3-2.3 percent in 2017 and then rebound to an expansion of 2.0-3.0 percent in 2018.

The finance ministry said it saw annual inflation ending 2017 at 4.9 percent, above the central bank's target range, before subsiding to 3.0 percent by year-end 2018.

It projected a fiscal deficit of 2.4 of projected gross domestic product this year and a deficit of 2.0 percent for 2018. (Reporting by Anthony Esposito)

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