ECLAC warned a decline in growth in Latin America by the external crisis

 

September 25, 2012

 

The Economic Commission for Latin America and the Caribbean (ECLAC) released a report that warns a slowdown in growth in Latin America due to the crisis in Europe and the United States.

On this day, the agency presented the Economic Survey of Latin America and the Caribbean, 2012, which “summarizes the current macroeconomic situation in the countries of the region and delivers growth prospects for 2012 and 2013.”

At a press conference, members of ECLAC said that “external difficulties have caused a slowdown in regional growth in recent months, with significant differences between countries.”

In that sense, they indicated that the perceived slowdown in the early months of 2012 remained, and reaffirmed its forecast of 3.7% growth in the area.

In 2011, it recorded a growth of 4.3% in Latin American economy.