Chart: Economists Forecast Somber Year for LatAm Economies, Especially Chile

Brazil, will expand just 0.8%, while Chile’s will contract 1%, according to the average estimate of economists in a Bloomberg News poll

La capital chilena registra las mayores caídas en el precio promedio del metro cuadrado entre marzo y septiembre de 2022.
By Rafael Gayol
January 21, 2023 | 01:10 PM

Bloomberg — Latin America’s major economies are forecast to suffer a sharp growth slowdown this year, with Chile hardest hit, according to the latest survey conducted by Bloomberg News.

The region’s largest economy, Brazil, will expand just 0.8%, while Chile’s will contract 1%, according to the average estimate of economists in the poll. Much of the slowdown is due to increases in interest rates as central banks sought to rein in soaring inflation.

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