| Home : February 2012 : February 15, 2012 News : BBVA Research: “Latin America should grow 3.6% in 2012 and 3.8% in 2013” |
BBVA Research: “Latin America should grow 3.6% in 2012 and 3.8% in 2013” |
February 15, 2012
Sicilia said that the region is headed to a normal growth rate, close to its economies’ output capacity. He explained that the slowdown in the countries is the result, first, of a higher-than-expected uptick in inflation, especially in Chile and Peru, limiting any increase in consumer purchasing power despite sharply higher employment and wages.
1888PressRelease - Another commonality to all of the countries is global risk aversion, which has placed pressure on currencies and led to greater uncertainty. Moreover, Argentina, Brazil, Paraguay and Uruguay have had [...]
http://www.1888pressrelease.com/bbva-research-latin-america-should-grow-3-6-in-2012-and-3-pr-374406.html
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