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Analysis by Region - Latin America

Publisher Oxford Economics
Published Mar 11, 2022
Length 9 Pages
SKU # OFE17034040

Description

Analysis by Region - Latin America

We maintain our 2022 GDP growth forecast at 2%, but downside risks are growing. We expect the Russia-Ukraine conflict will lead to tightening global financial conditions that will likely curb foreign investment, put pressure on the peso, and risk higher-for-longer inflation. Real wages are expected to shrink during the next two years as employment recovers, which will hurt household consumption and limit growth.

Table of Contents

9 Pages
Untitled Chapter
Forecast overview
Recent developments
Short-term outlook
Key drivers of our short-term forecast
Economic risk
Economic risk evaluation
Risk warnings
What to watch out for
Exposure to key global risks
Long-term prospects
Background
Economic development
Structure of the economy
Balance of payments and structure of trade
Policy
Politics
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