Economy

BMI View: Preliminary figures released by the Banco Central de Reserva de Venezuela put inflation at 27.6% for 2011, slightly lower than our 29% estimate. We forecast inflation to remain... 2012-01-06

BMI View: Colombia's Q311 real GDP data, released in late December, exceeded expectations with growth coming in at 7.7% y-o-y. According to the central bank, domestic demand continues... 2012-01-06

BMI View: Inflation came in at 4.7% in 2011 in Peru according to recently released data by the country's central bank, which was higher than our 3.3% estimate for 2011. Inflation came... 2012-01-06

BMI View: Inflation came in at 5.53% y-o-y in November in Ecuador which raises upside risks to our 4.5% year-end estimation. We believe inflation has been rising in Ecuador in part... 2012-01-06

BMI View: Consumer price inflation in Bolivia remained elevated in November 2011, coming in at 8.3% y-o-y. Though this was the lowest reading since January 2011, inflation remains relatively... 2012-01-06

BMI View: Despite Bolivian President Evo Morales's domestic political struggles during 2011, his foreign policy has been gaining traction in recent months. Indeed, we believe the country's... 2011-12-28

BMI View: Despite strong real GDP growth in 2011, we believe Ecuador's current growth story remains unsustainable. Indeed, our concerns over the investment climate and poor business... 2011-12-05

Following a break out of its appreciatory trend in late September, the Colombian peso has continued to depreciate, bringing the unit close to its October 2011 low of COP1985.0/US$.... 2011-12-01

BMI View: We forecast Ecuador to post current account deficits of 2.1% and 1.6% of GDP in 2011 and 2012, driven in large part by recurring trade deficits. Moreover, the country's... 2011-10-25

We have upgraded our end-2011 forecast to 7.3% of GDP, from 4.9%, as strong oil revenues and a ban on imports has reduced the drag on GDP while private consumption and fixed investment... 2011-10-03