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Paraguay, Peru and Chile star economies of 2018 and 2019: report

By 2019, the highest growth in the region is projected for the economy of Paraguay, with 4.3%, followed by Peru (3.9%) and Chile (3.7%), according to a report by BBVA Research. In Argentina, a “significant” recession is anticipated. The Latin American economy will grow 0.9% on average this year due to the weak performance of countries such as Argentina, Brazil, Mexico, and Uruguay, with which the expected recovery of the region will be postponed until 2019, the report said. The new projection of the Spanish…

An economic snapshot of Latin America for 2013

An economic snapshot of Latin America for 2013 LatinFocus Consensus Forecast panelists expect regional GDP to expand 3.7% this year, following an estimated 2.9% increase recorded in 2012. The stable figure reflects rosier prospects for Chile, Paraguay, Peru and Venezuela, which were offset by downward revisions to Brazil, Colombia and Uruguay. Meanwhile, growth estimates for Argentina, Bolivia, Ecuador and Mexico were left unchanged over December. For next year, the panel sees regional growth accelerating to…