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Montevideo, October 3rd 2023 - 13:45 UTC

Tag: South America economy

  • Tuesday, April 25th 2017 - 19:16 UTC

    UN forecasts South American countries average economic expansion at 0.6%

    South American economies concentrated in primary goods – especially oil, minerals and food, will average 0.6% growth, down from 0.9% projected last December

    The Economic Commission for Latin America and the Caribbean (ECLAC) updated growth projections for economic activity in the region in 2017 and forecasts a 1.1% average expansion for this year, the United Nations body stated on Monday in a press release. This projection is slightly below the 1.3% that was estimated in December 2016.