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We expect that tourism industry growth throughout the Caribbean, traditionally a key driver of economic activity, will continue to slow in the years ahead, keeping real GDP growth relatively... 2013-09-03


Jamaica

After bottoming in March at US$884mn, foreign reserves have bounced to US$989mn as of May 2013, bolstered by the first tranche of IMF funding. While this move was broadly in line with... 2013-07-01


Barbados

Barbados saw its goods exports fall to US$45.0mn in April, a 17.1% year-on-year (y-o-y) contraction from April 2012. Sluggish global demand has hurt Barbadian exports in the first four... 2013-07-01


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Guyana

Following a weakening of the Guyanese dollar's trading range, we adjusted our exchange rate forecasts to account for more depreciation this year, as we believed that poor trade dynamics... 2013-07-01


Puerto Rico

Consumer price inflation in Puerto Rico came in at 0.5% year-on-year (y-o-y) in April, down from 1.7% y-o-y in March. We expect price pressures to remain relatively subdued as domestic... 2013-07-01


Panama

Uneven infrastructure development and difficult weather conditions may act as an obstacle to investment in Panama's less developed regions. Indeed, while we have seen substantial development... 2013-06-28


Dominican Republic

Real GDP growth in Q113 in the Dominican Republic came in at 0.3% year-on-year (y-o-y), significantly weaker than we expected. A main driver behind such weak growth is aggressive fiscal... 2013-06-28


Guyana

Following a significant uptick in public spending in late 2012, and little indication that substantial fiscal consolidation effort is likely in the coming months, we have revised our... 2013-06-26