Uruguay Central Bank Chief Sees Better Growth in First Quarter

Uruguay’s economy is expected to rebound from weak growth in the second half of last year and expand by just under 1% in the first quarter. The update points to a modest improvement in activity, but the growth rate remains subdued and is unlikely to have broad market impact.

Analysis

Uruguay’s economy is expected to rebound from weak growth in the second half of last year and expand by just under 1% in the first quarter. The update points to a modest improvement in activity, but the growth rate remains subdued and is unlikely to have broad market impact.