Preliminary Overview of the Economies of Latin America and the Caribbean
• 2020
Domestic prices Inflation in the region’s economies remained at historically low levels in 2020, reflecting a sharp contraction in aggregate demand and increasing the space for sustaining expansionary monetary policies Inflationary dynamics began to change in May 2020, with average regional inflation tending to increase Factors such as the sharp contraction in domestic aggregate demand, downward trends in international inflation, falling energy prices, supply problems, increased exchange-rate volatility and measures to deal with the pandemic contributed to the very different dynamics in the various components of inflation during 2020 Bibliography
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