{
  "title": "Uruguay: Staff Report for the 2014 Article IV Consultation",
  "publication": "IMF Staff Country Reports, March 26, 2015",
  "sourceUrl": "https://www.imf.org/en/publications/cr/issues/2016/12/31/uruguay-staff-report-for-the-2014-article-iv-consultation-42809",
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  "summary": "This 2014 Article IV Consultation highlights that the Uruguayan economy continues to decelerate gradually. Real GDP growth is estimated to have softened to a still robust 3.25 percent in 2014 from 4.",
  "publishDate": "2015-03-26",
  "series": "IMF Staff Country Reports",
  "sections": [
    {
      "heading": "Macroeconomic outlook and growth",
      "content": "- Real GDP growth is estimated to have softened to 3.25 percent in 2014 from 4.5 percent in 2013.\n- The slowdown mostly reflects the moderation in domestic demand growth amid a less favorable external environment.\n- Economic activity is projected to decelerate further but remain solid."
    },
    {
      "heading": "External sector and current account",
      "content": "- Weak economic conditions abroad have continued to weigh on Uruguay’s current account, particularly on the services side."
    },
    {
      "heading": "Inflation and energy price pass-through",
      "content": "- The pass-through of lower global oil prices to end-user prices will be gradual.\n- Part of the windfall from lower oil prices will initially be used to shore up the operating balance of the state-owned petroleum enterprise."
    },
    {
      "heading": "Fiscal and policy themes (as identified in the report)",
      "content": "- Subjects covered include: Currencies, Economic sectors, Expenditure, Fiscal policy, Fiscal stance, Inflation, Prices, Public debt, Public sector.\n- Keywords highlighted include: above-target inflation, central bank, consumer price inflation, exchange rate, Fiscal stance, foreign currency, Inflation, monetary policy stance, Public sector, Uruguay, Uruguayan peso."
    },
    {
      "heading": "Key publication facts",
      "content": "- Pages: 67\n- Volume: 2015\n- Issue: 081\n- Series: Country Report No. 2015/081\n- DOI: https://doi.org/10.5089/9781475531671.002\n- ISBN: 9781475531671\n- ISSN: 1934-7685\n\nSource: Uruguay: Staff Report for the 2014 Article IV Consultation (March 26, 2015).\n\n---\n\n Content in this bundle\n\n- cr1581\n  - cr1581 (Markdown version){rel=\"alternate\" type=\"text/markdown\"}\n  - cr1581 (PDF){rel=\"external\" type=\"application/pdf\"}\n\n---\n\nSource: https://www.imf.org/en/publications/cr/issues/2016/12/31/uruguay-staff-report-for-the-2014-article-iv-consultation-42809"
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    "Published: March 26, 2015",
    "Series: IMF Staff Country Reports",
    "DOI: https://doi.org/10.5089/9781475531671.002",
    "Real GDP growth is estimated to have softened to 3.25 percent in 2014 from 4.5 percent in 2013.",
    "The slowdown mostly reflects the moderation in domestic demand growth amid a less favorable external environment.",
    "Economic activity is projected to decelerate further but remain solid.",
    "Weak economic conditions abroad have continued to weigh on Uruguay’s current account, particularly on the services side.",
    "The pass-through of lower global oil prices to end-user prices will be gradual.",
    "Part of the windfall from lower oil prices will initially be used to shore up the operating balance of the state-owned petroleum enterprise.",
    "Subjects covered include: Currencies, Economic sectors, Expenditure, Fiscal policy, Fiscal stance, Inflation, Prices, Public debt, Public sector.",
    "Keywords highlighted include: above-target inflation, central bank, consumer price inflation, exchange rate, Fiscal stance, foreign currency, Inflation, monetary policy stance, Public sector, Uruguay, Uruguayan peso.",
    "Pages: 67",
    "Volume: 2015",
    "Issue: 081",
    "Series: Country Report No. 2015/081",
    "DOI: https://doi.org/10.5089/9781475531671.002",
    "ISBN: 9781475531671",
    "ISSN: 1934-7685",
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