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Montevideo, May 3rd 2024 - 20:18 UTC

Tag: Latam regional growth

  • Friday, April 25th 2014 - 05:36 UTC

    Latin America's fast growing decade is coming to an end, anticipates IMF report

    The key risk is a sharper decline in commodity prices caused by weaker demand

    The IMF’s Regional Economic Outlook for the Western Hemisphere, released on Thursday in Lima, Peru, projects regional growth of 2½ percent in 2014, down from 2¾ percent in 2013. Weak investment and subdued demand for the region’s exports held back activity in 2013, as did increasingly binding supply bottlenecks in a number of economies. For 2015, the IMF projects a modest pickup, to 3%.