Uruguay Economic Outlook First Half 2016

Summary

Growth in GDP will be sluggish in 2016 (0.7%), marked by the stagnation in private consumption. GDP will increase 1.5% in 2017. The dollar will see out the year at $ 35.2 per unit, and will reach $37.1 at the end of the next year. Inflation: 9.2% in 2016 and 8.7% in 2017: inflation inertia will be constrained by real wages

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