Economy

BMI View: Venezuela's level of reserves hit a 57-month low in February 2012, dropping to US$26.5bn from US$29.9bn at the end of 2011. Despite the authorities having built up a pretty... 2012-03-28

BMI View: Bolivian consumer price inflation has dropped substantially since the start of 2012, to 4.7% y-o-y in February from 6.9% at the end of 2011. This slowdown in consumer price... 2012-03-28

BMI View: Consumer price inflation ticked up to 5.5% y-o-y in February 2012, from 5.3% the previous month, as loose monetary policy keeps upside pressure on prices. The dollarized... 2012-03-28

BMI View: Peru's foreign reserve levels have risen rapidly since the start of 2012, up from US$48.8bn at end-2011 to US$53.3bn by the end of February this year. The US$2.5bn increase... 2012-03-27

BMI View: Consumer price inflation ticked down in January, coming in at 5.9% y-o-y, down from 6.9% in December 2011. The central bank noted that a moderation in food prices, as well... 2012-03-02

BMI View: Argentina's foreign reserves dropped 11.1% in 2011, to US$46.4bn, wiping out two consecutive years of accumulation. The main reason for the decline was a bout of capital... 2012-03-02

BMI View: Peruvian real GDP growth came in at 6.9% in 2011, only slightly above our own 6.7% estimate, but in line with our view that the country's domestic demand story remains... 2012-03-02

capital Caracas dropped slightly in January, to 26.3% y-o-y from 29.0% the previous month. However, with M2 money supply growth picking up rapidly towards the end of 2011, from 26.8%... 2012-03-02

BMI View: Consumer price inflation cooled slightly in January 2012, falling to 5.3% y-o-y from 5.4% the previous month. This trend was reflected in monetary aggregates, which had... 2012-03-02

BMI View: Broad consumer price inflation ticked down for the third consecutive month in January to 3.5% y-o-y, from 3.7% in December. This reading remains in line with our end-year... 2012-03-01