From MercoPress · · 50s
IMF cuts Latin America growth forecast
IMF slashes Latin America's 2026 growth forecast to 2.3% and Argentina's to 2.1%.
In brief
IMF slashes Latin America's 2026 growth forecast to 2.3% and Argentina's to 2.1%. The IMF reduced Latin America's 2026 growth forecast to 2.3% and Argentina's to 2.1% due to weak economic conditions. Originally reported by MercoPress.
IMF updates Latin America outlook
The IMF lowered Latin America's 2026 growth forecast to 2.3% from 2.4% and cut Argentina's to 2.1% from 3.5%.
Argentina's economic challenges
Fund economist Petya Koeva Brooks cited lower activity and weaker domestic demand as reasons for the cut.
Argentina's inflation forecast
The IMF raised Argentina's inflation forecast to 32.5% this year from 30.4% in April.
Regional economic adjustments
Chile and Uruguay saw significant downward revisions to their growth forecasts this year.
The essence
The IMF reduced Latin America's 2026 growth forecast to 2.3% and Argentina's to 2.1% due to weak economic conditions.
