MEXICO CITY (Reuters) - Mexico's finance ministry
said Friday the Mexican economy likely grew about 7 percent
during the second quarter from a year earlier.

Mexico is rebounding from a 2008-2009 recession but its
downturn was so deep it will likely not fully recover until at
least next year.

The ministry also said Mexico's public sector posted a 97.9
billion peso ($7.75 billion) budget deficit during June. Mexico
had posted a 12.4 billion peso budget deficit in May
.

Over the first half of the year, the government has run a
101.7 billion peso deficit.

The government projected a deficit of 2.8 percent of gross
domestic product for this year in its 2010 budget. The
country's 6.5 percent economic contraction in 2009 was its
worst since 1932.

The deficit totaled 275 billion pesos last year, equivalent
to 2.3 percent of GDP.

($1 = 12.6355 pesos)
(Reporting by Jason Lange, editing by Jackie)