Economy

The announcement of planned import restrictions and debt issuances draw attention to the deterioration of Ecuador's international reserves, as dollars continue to leave the country... 2011-08-04

BMI View: Private consumption will remain the key driver of growth in Peru, but investment is set to bounce back now that President Ollanta Humala has dispelled most of the policy... 2011-07-29

Bolivia's Q111 trade balance narrowed by 7.3%, despite robust growth in exports, largely from the natural gas sector. Exports increased by 23.9% while imports outpaced, increasing by... 2011-07-28

Ecuador's urban unemployment rate continues to fall, reaching 6.4% in June, down from 7.0% in March, following Q111 real GDP growth of 8.6% y-o-y. We expect unemployment to stay greater... 2011-07-28

BMI View: Peru's trade balance for May shows that exports continue to outpace imports: exports soared by 63.0% y-o-y and imports by 43.4% y-o-y. Peru has registered a trade surplus... 2011-07-28

Venezuela's real GDP grew by 4% in Q211, down from 4.5% in Q111. The rate of growth places upside pressure on our below-consensus forecast for real GDP growth to reach 1.9% by end-2011.... 2011-07-28

We expect the Central Bank of Colombia (Banrep) to continue bringing its benchmark hiking cycle to an end, forecasting the overall rate to reach 4.75% for end-2011. Inflation has edged... 2011-07-28

Ecuador's balance of payments position will continue to weaken, held afloat only by elevated oil prices and slowly dwindling remittances. Cash-for-oil deals with China will provide... 2011-07-26

Peruvian President Ollanta Humala's choice to keep central bank Governor Julio Velarde in place has prompted us to maintain our end-2011 policy rate forecast of 4.75%. Monetary policy... 2011-07-25

Bolivia's exports should continue to perform well over the 2012 and 2013, as elevated hydrocarbons prices and strong metal exports provide robust income. However, we maintain our view... 2011-07-21