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Latin America Update

Latin America Update

Q1 growth bolstered by spike in commodity prices

The spike in commodity prices in Q1 supported strong growth in both Chile and Venezuela. But while Chilean policymakers are well placed to deal with any fall in commodity prices next year, Venezuelan growth will slow sharply if oil prices fall towards $75 per barrel, as we expect.

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This article is tagged with the following subjects: Chile, Growth, Latin America, Macro-economics, Venezuela
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