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The government reached an enforceable agreement with the IMF, avoiding a default scenario. This is good news for Argentina, but its gradual approach does not change the overall macroeconomic scenario, nor does the absence of structural reforms create the conditions for a sustainable growth path.

Growth has slowed down in Q3 amid a number of headwinds, including regulatory storms, default risk of real estate giant, the electricity crunch and the authorities’ new campaign of “common prosperity” and social equality.

After the roller-coaster of last year, banking aggregates will normalize in 2021. Virus control will gain traction, highly impacted sectors will gradually reopen, and the overall economic recovery will solidify with the support of policymakers.…

Presentation at Automobile Talks 2021 on the situation and outlook for the Catalan economy .

The depth of the decline brings 2020 growth closer to the lower end of our forecast range, currently between -12.0% and -9.0%, in annual variation.

GDP strongly contracted in the first quarter, reflecting the measures implemented since mid-March by the Government in order to contain the spread of the new coronavirus.

  • Geography Tags
  • Peru

Over the last few weeks we have been reviewing our global and local economic outlook scenario and the year economic performance has been especially challenging due to the change in international conditions, mainly.

Economic growth will continue to be led by investment in view of the expected stabilisation in consumption spending. We estimate GDP growth in 2019 and 2020 will be at 3.0% each year and inflation at 3.3% and 3.2%, respectively. The Central Ban…