Latin American growth lowered to 1.5% this year, in a "complex global scenario"

Latin American growth lowered to 1.5% this year, in a “complex global scenario”

Friday, August 24th 2018 - 09:06 UTC

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Latin America's economic growth is set to come in lower than expected this year, as US protectionism and widespread wariness of emerging markets put a drag on the region, a UN panel said Thursday. The Economic Commission for Latin America and the Caribbean (ECLAC) slashed its growth forecast for the region by 0.7 point to 1.5%, saying the “complex global scenario” had dimmed the outlook since its last report in April. Read full article

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1.50% is still SOME growth - if the figures are realistic and untampered.
Aug 28th, 2018 - 11:44 am - Link - Report abuse 0
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