Uruguay

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

Uruguayan President José Mujica backed Argentina's sovereignty claims over the Falklands Islands with an official statement. Referring to a controversy over a measure that prohibits... 2012-01-10

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

The Uruguayan government issued a formal complaint against recent remarks by French President Nicolas Sarkozy's at a G20 meeting in Cannes that Uruguay should be isolated because "it... 2011-11-24

BMI View: Consumer price inflation accelerated slightly in October, coming in at 0.7% m-o-m and 7.9% y-o-y, prompting us to upwardly revise our forecast for end-2011 to 7.5% from 6.0%... 2011-11-24

BMI View We have revised down our current account forecasts for 2011 to a deficit of 0.4% of GDP from a surplus of 0.2% previously, and for 2012 to a deficit of 0.3% from -0.1% previously,... 2011-11-17

Consumer price inflation came in at 7.8% y-o-y and 0.5% m-o-m in September, reversing a downward trend that had been in place for two months and posing increasing upward risks to our... 2011-10-26

Returning from a ten-day visit to Europe, Uruguayan president Jose Mujica announced his government aims to attract more foreign investment in the country and to maintain macroeconomic... 2011-10-26

Relations between Uruguay and the two largest economies in Mercosur, Argentina and Brazil, have markedly deteriorated in recent weeks, following new restrictions to inter-regional trade... 2011-09-30

Consumer price inflation in Uruguay eased to 7.6% y-o-y in August from 8.3% in July, as tighter monetary policy by the central bank begins to cool domestic price pressures. Despite... 2011-09-30