CHICAGO--(BUSINESS WIRE)--Link to Fitch Ratings' Report: Latin American Credit Indicators - Third-Quarter 2016 (Stuck in Different Gears)
https://www.fitchratings.com/site/re/891055
Fitch Ratings has just published its Latin American Credit Indicators, a compilation of its quarterly macroeconomic data reports for Argentina, Brazil, Chile, Colombia, Mexico and Peru.
Across Latin America, corporate credit profiles have weakened, with Negative Outlooks comprising around a third of Fitch's international rating portfolio across the region.
Issuers will continue to face numerous hurdles in 2017, including slow recovery from recession in Brazil, low commodity and high energy prices in Chile, tax reforms in Colombia, and economic uncertainty in Mexico following the U.S. presidential election. Short-term growth prospects for Argentine corporates remain weak while Peru exhibits robust economic fundamentals for 2017.
Fitch forecasts regional GDP growth to recover to 1.6% in 2017 following two years of recession, an anemic rate when compared to average growth of 4.1% between 2010-2013.
The full report is available at www.fitchratings.com or by clicking on the link.
Additional information is available at 'www.fitchratings.com'.
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