Economies of Latin America and the Caribbean to Expand 1.5 Per Cent Despite External Uncertainties, Says ECLAC

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.

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