Economic growth latest publications
In 2022 the activity in Uruguay will grow 4.7%, with an important statistical contribution that leaves the 4T21 and the contribution of investment, external demand and consumption to a lesser extent. The conflict in Europe has a moderate net positive impact through the rise in commodity prices for now.
Chinese authorities face the “Impossible Trinity” of policy setting in 2022 among “zero tolerance” COVID policy, synchronized monetary policy and 5.5% growth target.
The economy slowed down more than expected in 1Q22 (to 0.3% q/q), mainly due to the weakness of private consumption. However, there are some positive elements in the composition of demand, as growth was supported by a higher-than-expected advance in investment and exports.
April 7, 2022
China | Shanghai Lockdown: most likely scenarios and its impact on global supply chain
The Covid-19 flare-up in Shanghai has deteriorated very fast recently. China’s authorities are still embracing their “Zero Covid” strategy. Although it remains an open question whether Shanghai can win this uphill battle, we are certain that China’s authorities won’t capitulate to the Omicron variant any time soon.
We outlined the main take-aways of the "two sessions" and analyze the policy initiatives and growth targets promulgated. Structural reforms will give way to growth priority in 2022.
The Colombian economy grew by 10.6% annually, driven mainly by consumption. By 2022, robust growth is expected in the global economy. For Colombia, a more moderate recovery is expected to continue with high inflation and a contractionary interest rate.
Colombia had a positive year-end with an annual GDP variation of 10.6%, with a growth of 11% in investment, 15% in private consumption and 12% in public consumption. In addition, final consumption represented 91% of GDP. By 2022, Colombia will be in a phase of moderate growth.
Economic growth ended 2021 with outstanding dynamics. We estimate that last year's GDP grew 10.0%, driven by final consumption. A moderation in activity is expected for 2022, which is already beginning to be seen in the most recent data, especially in those related to investment.