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Puerto Rican Growth Forecast Revised Down On Power Outages

Country Risk / Puerto Rico / Tue 12 Oct, 2021

Key View

  • While we at Fitch Solutions forecast real GNP in Puerto Rico will grow 2.6% in Fiscal Year 2022 (FY22; July 2021-June 2022), up from an estimated -0.9% in FY21, this is a downward revision from our previous forecast of 3.0% as a series of power outages will weigh on growth in H221.
  • Puerto Rico’s strong progress on vaccinations
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