The United Nations Economic Commission for Latin America and the Caribbean released the “Preliminary Overview of Latin America and the Caribbean Economy 2025” report in Santiago, the capital of Chile, on the 16th. It predicts that the region's economy will grow by 2.4% this year and 2.3% next year. According to the report, Latin America and the Caribbean region has maintained low growth for 4 consecutive years, with an average annual growth rate of only about 2.3%. Consumption has been the main driver of the region's economy in recent years, contributing more than half of economic growth. However, against the backdrop of weak external demand and slowing employment growth, the contribution of consumption to the region's economic growth will decline in 2025 and 2026.

The United Nations Economic Commission for Latin America and the Caribbean released the “Preliminary Overview of Latin America and the Caribbean Economy 2025” report in Santiago, the capital of Chile, on the 16th. It predicts that the region's economy will grow by 2.4% this year and 2.3% next year. According to the report, Latin America and the Caribbean region has maintained low growth for 4 consecutive years, with an average annual growth rate of only about 2.3%. Consumption has been the main driver of the region's economy in recent years, contributing more than half of economic growth. However, against the backdrop of weak external demand and slowing employment growth, the contribution of consumption to the region's economic growth will decline in 2025 and 2026.