![]() ![]() Growth is set to slow further in 2023 to just 1.9 percent. The largest economies in LAC will be some of the slowest growing this year, dragging region-wide growth down to 2.5 percent. ![]() monetary tightening and global supply bottlenecks impart negative spillovers to the region. Elevated inflation, tighter financial conditions, and policy uncertainty are expected to take a toll domestically, while slowing growth in key export markets, U.S. Growth in Latin America and the Caribbean (LAC) is forecast to slow sharply in 2022 and remain weak in the following two years. ![]()
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