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img_publication Outlook

Latin America Economic Outlook. Third quarter 2017

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Growth in Latin America will increase to 0.8% in 2017 and 1.7% in 2018. The recovery after the -1.2% contraction in 2016 will be helped by the coming out of the recession by two of the main regional economies (Brazil and Argentina), as in most other countries there will be a growth slowdown in 2017 compared to 2016, hobbled by external shocks and weak domestic demand.

Geographies:Latin America
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1.Summary

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Financial markets in Latin America continued in an uneasy calm phase. Growth in Latin America will increase to 0.8% in 2017 and 1.7% in 2018. Inflation continues to decline in South America, and has peaked in Mexico. The risks around the growth forecast increase on the domestic front, but are somewhat lower on the external side.

Geographies:Latin America


2.Latin America: slow growth

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The world economy has been picking up in recent quarters and has approached growth rates of 1% QoQ, although it is trending towards stabilisation. In global terms the confidence figures are clearly positive, above all in advanced economies, and appear to have become entrenched at the high end.

Geographies:Latin America



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