Por Miguel A. Kiguel
Todos sabemos cómo funciona el cepo, y hemos aprendido a vivir con tasas de interés reales negativas, a usar el dólar Contado con Liqui para eludir los controles...
Latam 8 December 23
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Latam 8 December 23
On Q3 the GDP rebounded 12.8% q/q s.a. after the record contraction in Q2 of 16.0% q/q (and -19.0% y/y), leading to a reduction of the y/y fall to 10.2%. As isolation measures eased, private consumption rebounded 10.2% q/q and investment jumped 42.9% -driven by the construction sector- but will end the year with the smallest ratio to GDP since the start of the new series in 2004. Economic activity grew 1.9% m/m s.a. in October and is expected to keep on recovering in the last two months of the year. We expect the year to end with a contraction of activity of 10.7% and a rebound of 6.0% in 2021.
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