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LatAm Weekly
Eurozone Woes Loom Over Forecasts
May 25, 2010
| Last Updated
EXECUTIVE SUMMARY
The latest data continue to show that Latin America's economic performance was solid during the first four months of 2010, driven by robust domestic demand and an improving external backdrop. However, ongoing elevated global risk aversion, tighter money and credit market conditions and lower commodity prices represent material risks to the regional economy, as they could potentially hurt domestic sentiment and slow capital inflows. Although we already have incorporated deceleration in the U.S. and global economies in H2 2010 into our forecasts, the possibility of[...]
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