Barbados
Economy
The inflation rate in Barbados has been steadily rising since October 2010, reaching 11.2% y-o-y in October 2011, higher than the 12-month y-o-y average of 8.1%, on the back of higher...
2012-01-06Economy
We expect Prime Minister Freundel Stuart to reshuffle his cabinet following increased criticism of his leadership in recent months, coming from within the ruling Democratic Labour Party...
2012-01-06Economy
We regard the Barbadian government's growth forecasts as excessively optimistic, and accordingly we remain highly skeptical of the island's fiscal deficit reduction forecasts. With...
2011-12-14Economy
BMI View:Consumer price inflation continued to rise in August 2011, coming in at a three-year record of 10.6% y-o-y. Given that a large portion of the inflationary pressures are imported,...
2011-11-29Economy
We are revising down our political risk rating for Barbados to 66.5 from 71.5 on the back of a prolonged period of high unemployment and inflation. As bickering continued between Barbados...
2011-11-01Economy
Barbados' trade deficit continued to widen in July, reaching US$725mn. Total exports came in at US$40mn in July, while imports reached US$300m, up more than 30% since the beginning...
2011-11-01Economy
The government's issue of a further BBD100mn of domestic debt is concerning, given our bearish outlook on the island's sovereign credentials and fiscal trajectory. The bonds mature...
2011-10-05Economy
Barbados' banking sector is likely to continue suffering from poor profitability as the increasingly weak domestic economy weighs on credit growth, and high levels of non-performing...
2011-10-03



