The Economic Climate for Latin America worsens

Expectations about the current economic situation have improved, but remain in the unfavorable zone.

The Economic Climate Index (ECI) for Latin America falls in the 2nd quarter of 2023, influenced by the worsening of evaluations on the present economic situation. Expectations have improved but remain in the adverse zone. According to the specialists consulted, the lack of confidence in local economic policy continues to be one of he main problems for economic growth in the region.

The Latin America Economic Survey is a quarterly survey conducted by FGV IBRE – Brazilian Institute of Economics, with the aim of monitoring and forecasting economic trends in Latin America. Based on information provided by experts from Latin American countries, the survey is a reference for political managers and business leaders.

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