Credit Suisse Projects 1.5 Percent Contraction in Latin America’s 2020 GDP

According to the bank, all countries in the region should suffer both supply and demand shocks due to the Coronavirus pandemic.

RIO DE JANEIRO, BRAZIL - Credit Suisse projected a 1.5 percent contraction in Latin America's gross domestic product (GDP) in 2020 due to social distancing efforts to contain the coronavirus and the "rapid decline" in commodity prices.

According to the bank, all countries in the region are expected to suffer both supply and demand . . .

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