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Economic Survey of Latin America 1960

image of Economic Survey of Latin America 1960

Published since 1948, this report examines various aspects of the previous year’s macroeconomic situation in the region and makes projections for the coming months. The study also includes country notes that review the performance of the main economic indicators in the period analysed.

English

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Industry

A decline in the growth rate in 1959—following two years of rapid expansion—and its subsequent recovery in 1960 have marked the recent trend of industrial production for Latin America as a whole. The rate of increase of the product in the area’s manufacturing sector was about 7 per cent in 1959, compared with rates of a little over 10 per cent in the two previous years. In 1960, according to the provisional data available, there was a further improvement of 10 per cent as compared with the previous year.

English

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