Goldman Sachs Cuts Brazil 2013, 2014 GDP Forecasts

The following table shows Goldman Sach’s Latin America economic forecasts as of June 14, compared to their forecasts as of May 17. *T ==============================================================================

-Forecast- --Change-- -Forecast- --Change--

2013 2014 2013 2014 2013 2014 2013 2014 ==============================================================================

---Annual Average GDP--- ---Annual Average CPI--- Argentina 3.4% 2.7% -0.1% -- 10.9% 13.0% -0.2% -- Brazil 2.5% 3.1% -0.8% -1.3% 5.8% 5.5% 0.1% 0.1% Chile 4.6% 4.6% -0.3% -0.2% 2.5% 2.9% -0.3% -- Colombia 4.2% 4.8% -- -- 3.0% 3.0% -- -- Mexico 3.1% 3.8% -- -- 3.5% 3.2% -- -- Peru 5.9% 6.3% -0.2% -- 2.5% 2.5% -- -- Venezuela 1.6% 2.5% -0.6% 0.1% 37.6% 22.0% 9.0% -- ============================================================================== SOURCE: Goldman Sachs ‘Latin America Economic Analyst’

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