Uruguay | Global and Uruguay Outlook 1Q19
Published on Thursday, February 21, 2019
Uruguay | Global and Uruguay Outlook 1Q19
Summary
We maintain our growth forecast for Uruguay at 1.3% in 2019 and we revised it downwards in 2020 to 1.9% (before 2.2%). An environment of lower global growth, in Argentina and Brazil, as well as the lack of definition of the beginning of the third pulp mill construction will determine a moderate growth in the next two years.
Geographies
- Geography Tags
- Uruguay
Topics
- Topic Tags
- Macroeconomic Analysis
Authors
Adriana Haring
BBVA Research - Senior Economist
Juan Manuel Manías
BBVA Research - Principal Economist
Gloria Sorensen
Juan Manuel Ruiz
BBVA Research - Chief Economist for Latam