Latin America’s economy should see accelerated growth this year, possibly reaching a 4.5-percent increase based on strong demand for the region’s exports, said the United Nations’ Economic Commission for Latin America and the Caribbean in its economic survey of the region. “For [2004], inflation in Latin America and the Caribbean is projected to be lower than in 2003 (8.5 percent) and almost four percentage points lower than in 2002 (12.1 percent),” added the ECLAC.
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