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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.

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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

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Presentation (PDF)

2019.02-Situacion-Global-Latam-y-Uruguay-1T19

Spanish - February 21, 2019

Presentation (PDF)

201902-Global_Latam_Uruguay-Macro-Outlook

English - February 21, 2019

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