Como era de esperar el Directorio del Fondo aprobó la revisión del programa de Argentina, aunque dejó en claro que Massa incumplió todas las metas. El FMI aplaude el esfuerzo fiscal que promete el...
LATAM 8 December 26
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LATAM 8 December 26
GDP grew 1.7% in the third quarter s.a. related to Q2 and 5.9% year-on-year. From the demand side, investment showed an increase of 14% (Q3 2022 vs Q3 2021), followed by private consumption with 10.2%. Exports contracted by 4.6%. Considering the supply side, Hotels and restaurants (+37.3%) and Mining (+14.4%) were the sectors with higher increases. However, for their share, the most relevant sectors were Industry (+6.4%) and Commerce (+7.3%). In the last quarter of the year, economic activity has cooled down and we think that 2022 will end with a GDP growth of 5.5%, most of it explained by the statistical carryover. For 2023 we expect that economic activity will stay stagnant.