UPDATE 1-Mexican factory exports up in December, imports dip
* December manufactured exports rise 1.25 percent vs Nov
* Imports ease, pointing to weak domestic demand
MEXICO CITY, Jan 25 (Reuters) - Mexican manufactured exports rose in December, pointing to continued health in U.S. appetite for Mexican goods, while a dip in imports showed signs of flagging domestic demand.
Manufactured exports picked up 1.25 percent last month compared with November, the national statistics agency said on Friday.
Demand for Mexican-made cars and TVs in the United States has bolstered Latin America's second-biggest economy amid a wider global slowdown, but the central bank said last week it was concerned about slowing exports and local demand.
Mexico's economic growth is seen slowing from an estimated 3.9 percent rate in 2012 to a 3.5 percent rate this year, a Reuters poll showed this week.
In a sign of weaker domestic demand, non-oil imports fell nearly 1.29 percent in December compared with November.
Concerns over easing growth and a welcome dip in inflation have prompted a shift in central bank language, from threats of a rate hike to hinting at a possible rate cut.
Mexico posted a $552 million trade surplus in December, when adjusted for seasonal swings. In non-seasonally adjusted terms, Mexico posted a trade surplus of $962 million , and hit $163 million for the year.