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1 – 9 of 9Though global commodity prices are a factor, inflation started accelerating in late 2021 due to pre-election monetary expansion. The rise has deepened differences between the…
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DOI: 10.1108/OXAN-DB268709
ISSN: 2633-304X
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While private consumption remained strong, driven by remittances and substantial bank credit growth, export performance weakened due to reduced US demand for maquila products…
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DOI: 10.1108/OXAN-DB289750
ISSN: 2633-304X
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The new agreement envisages a primary surplus of 2% of GDP, a zero general deficit and reserves accumulation of USD10bn; it includes no new funding. However, the widening gap…
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DOI: 10.1108/OXAN-DB284724
ISSN: 2633-304X
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Expectations for 2024 suggest lower inflation than last year, but risks persist. The OECD forecasts moderate GDP growth, highlighting inflation and interest rate concerns. Minimum…
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DOI: 10.1108/OXAN-DB284490
ISSN: 2633-304X
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This is close to the ceiling of the target band of 2.25-5.25% set for this year. In response, the Central Bank last week raised its benchmark interest rate from a record low of…
President Luis Lacalle Pou’s government has strong public support thanks to a tepid economic recovery and improvements in security, and despite a new wave of COVID-19 cases…
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DOI: 10.1108/OXAN-DB267062
ISSN: 2633-304X
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Prospects for Latin America in the third quarter.
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DOI: 10.1108/OXAN-DB200263
ISSN: 2633-304X
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The increase, the largest since 2002, comes despite low growth expectations and reflects concerns over rising inflation, with the Central Bank warning of a similar rate rise in…
Fiscal and debt stabilisation plans.