Economic activity expanded 2.25% year-on-year in August, matching July's Reading, the latest FocusEconomics' LatinFocus Consensus Forecast report affirmed.
On the external side, the deceleration in exports growth was due to a fall in foreign sales of traditional products, including: oil, natural gas, and mining products.
However, both the mining and construction sectors contracted.
Panelists surveyed for this month's LatinFocus report expect GDP to expand 3.8% in 2019, which is unchanged from last month's projection. For 2020, the panel expects the economy to grow 3.7%, it concluded.