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Latam and Caribbean poised to grow 3% this year; poor performance from Brazil and Mexico

Wednesday, July 24th 2013 - 20:47 UTC
Full article 3 comments

Latinamerica and the Caribbean are poised to grow 3% this year, according to the July Economic Survey of Latin America and the Caribbean, which is down from the previous April estimate of 3.5%. Slower growth in the region’s two largest economies Brazil and Mexico, and more modest activity in Chile, Panama and Peru have pulled the average down. Read full article

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  • Stevie

    Surely the Alianza is poised to grow more than any mercosur nation and this report is from Indec...

    Jul 25th, 2013 - 12:44 am - Link - Report abuse 0
  • Elena

    I believe is a little soon to give % but this year there was a worldwide slowness and also the cyclical economic changes of each country matter. It´s good news that countries of Latam are doing well enough, but even some of those are affected. For example countries like Panama had 10.5 last year and now 7.5%, Peru 6.3% 2012 now 5.9%, Bolivia 5.2% now 5.5%, Nicaragua 4.1% now 5.0%, Chile 5.6% 2012 now 4.6% etc.

    As for Pacific Alliance it will be interesting to see how much their internal comerce grows as well as their exports. I believe PA needs more internal and complemetary comerce to get the integration wished by it´s members as their exports are doing well in general terms.

    Jul 25th, 2013 - 01:49 am - Link - Report abuse 0
  • GeoffWard2

    If the LatAm/Caribbean global figure is 3% .. and those quoted are 3% or above, then there must be many nations in the region that are

    Jul 25th, 2013 - 11:01 am - Link - Report abuse 0

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