In an international context marked by uncertainty and volatility, the economies of Latin America and the Caribbean will grow 1.5 per cent on average in 2018, thanks to a rebound in domestic demand, private consumption especially, and a slight increase in investment, the United Nations Economic Commission for Latin America and the Caribbean (ECLAC) has indicated in a new annual report.
According to the ‘Economic Survey of Latin America and the Caribbean 2018’, which was released during a press conference at ECLAC’s Subregional Headquarters in Mexico yesterday, overall average growth in the region maintains a positive trend, despite showing signs of slowing.