Economy

After rising in 2007 at the rate of 6.0%, consumer prices have jumped above the Banco Central del Paraguay (BCP)'s target range of 2.5-7.5% in the first two months of 2008. Price... 2008-03-11

Heavy intervention in the foreign exchange market has helped the Banco Central de la República Argentina (BCRA) amass US$44.7bn in foreign

After rising in 2007 at the rate of 6.0%, consumer prices have jumped above the Banco Central del Paraguay (BCP)'s target range of 2.5-7.5% in the first two months of 2008. Price... 2008-03-11

Uruguay's congress passed new legislation in late February, which prohibits public advertisement of tobacco. This is the latest move by the Uruguayan government's harsh stance on... 2008-03-11

Chile's foreign reserves have risen to US$17.2bn in February, after reaching US$16.9bn at the end of 2007. We attribute the steady rise in foreign reserves to strong capital inflows... 2008-03-11

Uruguayan inflation ticked up to 7.8% y-o-y in February, a 0.9% m-o-m increase, as food prices and higher energy costs took their toll on the headline rate. Although this suggests... 2008-03-11

BMI View: Energy shortages pose a significant threat to the Argentine government's popularity, and indeed our political risk ratings. President Cristina Fernández may have to turn... 2008-03-03

Economic activity estimates suggest that the Argentine economy grew at an impressive 8.7% in 2007, in line with our view. We expect real GDP growth to register 6.0% in 2008, as industrial... 2008-02-26

Inflation once again demonstrated its volatility by soaring 1.6% m-o-m in January, which took the annualised figure to 8.8%, from 6.0% at the end of 2007. Once again, the wild swings... 2008-02-13

The Banco Central de Uruguay (BCU) has rapidly built up its holdings of reserves in recent years, with the total reaching an estimated US$4.1bn at the end of 2007 (we had forecast... 2008-02-13