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2019-07-31 13:45:00

LATIN AMERICA, CARRIBEAN GDP UP 0.6%

LATIN AMERICA, CARRIBEAN GDP UP 0.6%

IMF - Economic activity in Latin America and the Caribbean remains sluggish. Real GDP is expected to grow by 0.6 percent in 2019—the slowest rate since 2016—before rising to 2.3 percent in 2020.

The weak momentum reflects negative surprises in the first half of 2019, elevated domestic policy uncertainty in some large economies, heightened US-China trade tensions, and somewhat lower global growth.

Slower growth

Sluggish activity in the first half of this year largely…

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Tags: LATIN AMERICA, CARRIBEAN, GDP, ECONOMY
Chronicle:
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