Economy

Inflation has averaged 26.7% in the first seven months of the year and we have maintained our year-end forecast of 29.0% as we believe the government is unlikely to take the steps needed... 2011-09-30

Inflation decreased slightly to 10.44% y-o-y in August, its lowest point since February 2011. This comes as welcome news for the central bank, since Bolivia is highly susceptible to... 2011-09-30

The recent sell-off of the Peruvian sol over global macro headwinds, resulted in the currency reaching a three-months low on September 22th of PEN2.783US$ but the unit has since pared... 2011-09-30

We see upside risks to our 3.2% average inflation forecast for 2011 as consumer prices have already reached 4.84% y-o-y in July, implying an average of 3.98% y-o-y for the first eight... 2011-09-30

Colombia's inflation rate dropped slightly to 3.27% in August, in line with our full year forecast of 3.6% for 2011. Low inflation is expected to persist in the face of a weaker peso,... 2011-09-30

As a result of a significant uptick of government expenditures, we are revising up our real growth projection for Venezuela from 1.9% to 2.8% in 2011.Nevertheless, with oil prices... 2011-09-26

We believe our long-held, below-consensus real GDP growth forecasts of 4.7% for 2011 and 4.5% for 2012 are now looking increasingly on target. While we remain optimistic towards the... 2011-09-23

Colombia's oil sector has been a key driver of both export growth and foreign investment inflows into the country. However, we believe that a significant number of threats, both external... 2011-09-21

Bolivia's expansionary monetary policy will continue to pose upside risks to demand-pull inflationary pressures over the medium term, and we believe that the exchange rate mechanism... 2011-08-16

We believe that a final 25 basis points of hikes this year will mark the end of the Colombian central bank's benchmark rate hiking cycle, and believe that economic growth considerations... 2011-08-15