Economy

While Chile remains one of our favourite economies in the Latin American region, both from a growth and stability perspective, it is clearly exposed to growing global headwinds. We... 2011-08-12

While we are sticking to our core view that Paraguay's impressive growth trajectory - based on strong private consumption and fixed investment - is set to continue, we still expect... 2011-08-10

Uruguay's external accounts are likely to remain volatile in the coming quarters. While we expect the current account to post a small surplus of 0.5 % of GDP in 2011, we warn that the... 2011-08-08

Consumer price inflation cooled to 8.8% y-o-y in June 2011, down from 10.2% y-o-y in May. While the Paraguayan monetary authorities are likely to be concerned that the nation's strong... 2011-07-28

Uruguay's industrial production growth jumped massively to 8.0% y-o-y in May 2011, from 0.3% y-o-y in April. While April's slow-down in industrial production was, in our view, primarily... 2011-07-27

Argentina's long-run growth outlook continues to be severely hampered by President Cristina Fernández's macroeconomic policies. As inflationary woes and increasing government intervention... 2011-07-27

According to Argentina's national statistics agency, the economy posted a trade surplus of US$1.0bn in June 2011, down from US$1.7bn in May 2011. The nation exported US$7.9bn and imported... 2011-07-27

The Chilean central bank decided to maintain its overnight policy rate at 5.25% in its June 14 meeting, as still-stable core inflation and a cooling in global commodity prices suggest... 2011-07-27

Our overall cautious outlook for Argentina continues to be coloured by the nation's questionable inflation reporting. With the credibility of the national statistics agency, INDEC,... 2011-07-26

We expect the Banco Central del Uruguay (BCU)to opt for one more rate hike in September's meeting, raising the policy rate by a further 50 bps to 8.50% by end-2011. While the BCU continued... 2011-07-22