Description

Latin American economy is likely to remain moderate for H1 2016 as growth is expected to gradually pick up in 2016 mainly due to strong domestic demand. Currency depreciation has increased inflation above target in most of the countries (except Mexico) and remains a major cause of concern for respective Central Banks. Planning and implementation of much needed structural reforms, a growth strategy based on increased productivity will boost the growth prospects of the region for the first half of 2016.