In a complicated environment characterized by monetary tightening, high inflation, and a global economic slowdown, the Latin American powerhouses of Brazil and Mexico are the economies with the lowest growth prospects for 2022.
This is despite the recovery of tourist flows and the decline in the impact of the pandemic, in addition to the benefits that exports can achieve due to high commodity prices.
According to FocusEconomics, Mexico's gross domestic product (GDP) will finish this year at an annual rate of 1.9%, while Brazil's increase would be around 2%; just yesterday, BoA raised its forecast to 2 . . .
To read the full NEWS and much more, Subscribe to our Premium Membership Plan. Already Subscribed? Login Here