Tag: macroeconomic misbalances

• Sunday, June 19th 2011 - 10:13 UTC

  Uruguay private consumption expanding several points higher than GDP

  

  The Uruguayan economy expanded 2.3% in January-March over the previous quarter, which has elevated forecasts for the twelve months of 2011 to a floor of 6.5%. However the Uruguayan government is concerned that consumption again expanded at a higher rate than GDP.