Signs of growth but Latin America still a ‘work in progress’
By Daniel Murray, global head of research, EFG Asset Management, 22 Mar 18
After a multi-year slowdown, 2017 was the year in which Latin America’s growth resumed. But each country is still, very much, its own economic and investment story.
Mexico
Mexico remains overshadowed by the uncertainty of the “Trump factor” and, despite the strength of exports to the US, growth in 2017 was lower than in 2016, which in turn was lower than 2015.
Nafta renegotiations are continuing: it is possible that quite modest changes will result.
