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.
Growth outlook latest publications
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 Bank will keep its interest rates stable for a long time.