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Published on Thursday, February 21, 2019

Uruguay | Global and Uruguay Outlook 1Q19

Summary

We maintain our growth forecast for Uruguay at 1.3% in 2019 and we revised it downwards in 2020 to 1.9% (before 2.2%). An environment of lower global growth, in Argentina and Brazil, as well as the lack of definition of the beginning of the third pulp mill construction will determine a moderate growth in the next two years.

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Presentation (PDF)

2019.02-Situacion-Global-Latam-y-Uruguay-1T19

Spanish - February 21, 2019

Presentation (PDF)

201902-Global_Latam_Uruguay-Macro-Outlook

English - February 21, 2019

Authors

Adriana Haring
Adriana Haring Senior economist for Argentina
BBVA Research
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Juan Manuel Manías
Juan Manuel Manías Principal economist for Argentina
BBVA Research
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GS
Gloria Sorensen
Juan Manuel Ruiz
Juan Manuel Ruiz Chief economist for Latam
BBVA Research
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