FOREX TradingCharts.com

Financial News: ECLAC: Latin America And The Caribbean Should Grow

ECLAC: Latin America And The Caribbean Should Grow 2.2% In 2018

12/17/2017 - 09:02:00 (RTTNews)

(RTTNews) - The economies of Latin America and the Caribbean should experience a moderate recovery in 2018, expanding 2.2% next year after recording an average 1.3% growth this year, said the Economic Commission for Latin America and the Caribbean (ECLAC) in its preliminary report on 2017.

Next year, the global economy should expand at rates close to those of 2017, around 3%, and that there should be greater relative dynamism of emerging economies compared to developed ones. Broad liquidity and low international interest rates should remain unchanged.

ECLAC expects South-American economies to grow 2% in 2018, from 0.8% in 2017. Central America, on the other hand, may expand 3.6%, up from 3.3% in 2017.

The activity in Brazil should improve further, with the country growing 2% in 2018, from 0.9% in 2017. Also, several nations that were growing at moderate rates may see a higher expansion rate - Chile, from 1.5% in 2017 to 2.8% Colombia, from 1.8% to 2.6%

In Latin America, Panama is expected to be the economy that should record the highest growth rate next year (+5.5%), followed by the Dominican Republic (+5.1%), and Nicaragua (+5.0%). Cuba, Ecuador, and Venezuela should show figures of 1%, 1.3% and -5.5%, respectively, while the rest of the economies of Latin America will grow between 2% and 4%.

For comments and feedback: contact editorial@rttnews.com

Copyright(c) 2017 RTTNews.com. All Rights Reserved

Market News provided by RTTNews

RECENT INTERNATIONAL FINANCIAL NEWS


Hong Kong Jobless Rate Falls Unexpectedly (14 min(s), 25 sec(s) ago)
(RTTNews) - Hong Kong's unemployment decreased unexpectedly in the three months ended December ...Full Story»

China's Q4 GDP Growth Steady At 6.8% (02 hr(s), 22 min(s), 25 sec(s) ago)
(RTTNews) - China's economy expanded at a steady pace at the end of 2017, data from the Nation ...Full Story»

Dutch Export Growth At 5-Month High (03 hr(s), 24 min(s), 25 sec(s) ago)
(RTTNews) - Dutch export growth accelerated in November to the highest level in five months, figur ...Full Story»

Dutch Jobless Rate Remains Stable In December (03 hr(s), 53 min(s), 25 sec(s) ago)
(RTTNews) - Dutch unemployment rate remained stable in December, after falling in the previous two ...Full Story»

New Zealand House Prices Rise, Sales Fall In December (04 hr(s), 08 min(s), 25 sec(s) ago)
(RTTNews) - New Zealand's house prices increased in December from a year ago, while the volume ...Full Story»

China's Home Prices Increase In Most Cities (04 hr(s), 10 min(s), 25 sec(s) ago)
(RTTNews) - House prices in majority of the Chinese cities increased in December, the National Bur ...Full Story»

Japan Nov Industrial Production Rises Less Than Estimated (53 min(s), 35 sec(s) ago)
(RTTNews) - Japan's industrial production increased less than initially estimated in November, ...Full Story»

Australia's Inflation Expectations Unchanged In January (10 min(s), 35 sec(s) ago)
(RTTNews) - Australia's inflationary expectations remained unchanged in January, survey data f ...Full Story»

Search

INTERNATIONAL FINANCIAL NEWS

Hong Kong Jobless Rate Falls Unexpectedly

01/18/2018 - 04:45 AM (RTTNews)
(RTTNews) - Hong Kong's unemployment decreased unexpectedly in the three months ended December ...Full Story>>

China's Q4 GDP Growth Steady At 6.8%

01/18/2018 - 02:37 AM (RTTNews)
(RTTNews) - China's economy expanded at a steady pace at the end of 2017, data from the Nation ...Full Story>>

Dutch Export Growth At 5-Month High

01/18/2018 - 01:35 AM (RTTNews)
(RTTNews) - Dutch export growth accelerated in November to the highest level in five months, figur ...Full Story>>

Dutch Jobless Rate Remains Stable In December

01/18/2018 - 01:06 AM (RTTNews)
(RTTNews) - Dutch unemployment rate remained stable in December, after falling in the previous two ...Full Story>>

New Zealand House Prices Rise, Sales Fall In December

01/18/2018 - 00:51 AM (RTTNews)
(RTTNews) - New Zealand's house prices increased in December from a year ago, while the volume ...Full Story>>

Binary Options Articles Courtesy of NADEX

These pages, and all content ©TradingCharts.com Inc and other copyright holders. Permission is not granted to redistribute charts, data, news or other information found on this site, in any manner. Although it is believed that information provided is accurate, TradingCharts will not accept liability for any loss or damage that may arise from use of the content, inability to access the website, or delay or failure of receive of any information provided through this site.