Itaú BBA - Macro Scenario - Paraguay: Lower economic growth but still solid

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Macro Scenario - Paraguay: Lower economic growth but still solid

January 16, 2019

Weather factors hindered activity in 3Q18.

For the full version with all charts and tables, please open the attached pdf file 
 

• GDP growth slowed in 3Q18, affected by sluggish performance in the Construction sector and Electricity Generation. We estimate that the economy expanded by 4% in 2018, and it will likely continue to grow at the same rate this year and next, helped by a more benign regional environment.

• Inflation ended 2018 below the center of the target range. We maintain our YE19 and YE20 inflation forecast at 4%, and we do not expect changes in the monetary policy rate this year. 
 

Juan Carlos Barboza
Diego Ciongo

 

For the full version with all charts and tables, please open the attached pdf file



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