Uruguay's Economy Minister Worried by Too Much Success

Uruguay’s New Government Bets On Peso Borrowing And Low Inflation To Sustain Growth

Key Points The government sees 2.3% growth in 2025 and 2.4% in 2026, below its earlier projection but about double the last decade’s average. GDP slipped 0.2% in July–September versus the prior quarter, ending eight straight quarters of gains, even as output stayed 1.2% above a year earlier. Inflation at 4.09% and a record peso […]

Uruguay's Economy Minister worried by too much success

Uruguay's Economy Minister Gabriel Oddone announced Monday that his country's GDP was projected to expand by 2.3% this year. While the figure is slightly lower than initial government forecasts, Oddone emphasized that it represents more than double the average growth rate seen over the past decade.