Economy

BMI View: Uruguay's consumer price inflation came in at 8.1% y-o-y in January, down from 8.6% a month earlier. We believe the Uruguayan central bank has now completed the hiking cycle... 2012-02-03

BMI View: Paraguay's trade balance deteriorated markedly in Q411, as a foot-and-mouth disease (FMD) outbreak in the region of San Pedro saw beef exports plummet. Total exports came... 2012-02-03

BMI View: Argentina's current account swung into a deficit of US$116mn in Q311, posing some downside risk to our year-end estimate of a current account surplus of US$3.0bn or 0.8%... 2012-02-03

BMI View: After holding interest rates at 5.25% for six consecutive months, the Chilean central bank eased monetary policy in January, cutting its benchmark policy rate by 25bps to... 2012-02-01

We have revised down Paraguay's 2012 headline growth forecast to 3.2%, from 4.2% previously. Although we expect domestic demand to remain growth supportive, the ongoing global economic... 2012-01-10

BMI View: Chile's consumer price index continued to inch up in December, reaching 4.4% y-o-y, well above the upper limit of the 2.0% to 4.0% range targeted by the central bank. The... 2012-01-10

BMI View: Chile's consumer price index continued to inch up in December, reaching 4.4% y-o-y, well above the upper limit of the 2.0% to 4.0% range targeted by the central bank. The... 2012-01-10

BMI View:Argentina continued to show strong resilience to global headwinds in Q311, as its GDP grew by 9.1% y-o-y. While we see significant upside risk to our GDP growth forecast of... 2012-01-09

BMI View: Paraguay's consumer price index came in at 4.9% y-o-y in December, just below the 5.0% level targeted by the central bank. While the December reading surprised to the downside,... 2012-01-09

We expect the Banco Central del Uruguay (BCU) will hold its monetary policy rate at 8.75% in 2012, following its decision to hike by 75 basis points (bps) in its last policy meeting... 2012-01-06