Economy

Uruguay's impressive growth story seems set to continue, as the economy registered real GDP growth of 6.8% in Q111. Strong private consumption and fixed investment will continue to... 2011-06-20

BMI View: We are upwardly revising our 2011 real GDP growth forecast for Chile to 5.9%, from 5.4% previously, and retaining our 5.0% growth forecast for 2012. We believe the economic... 2011-06-07

The unemployment rate in Uruguay ticked-up to 6.4% in March 2011, up from 6.3% in February. Although these figures remain near historically low levels, the rate of unemployment has... 2011-06-03

Argentina's current account surplus is likely to continue shrinking, and with foreign investors remaining wary, the nation's balance of payments accounts are becoming increasingly unsustainable.... 2011-06-02

The unemployment rate in Argentina for Q111 came in at 7.4% in Q111, slightly above the Q410 reading of 7.3%. Given President Cristina Fernández's commitment to pre-electoral expansionary... 2011-06-02

Consumer price inflation in Chile is showing some signs of slowing, posting a 0.3% month-on-month gain in April, following a 0.8% increase in March, and taking the headline year-on-year... 2011-06-02

Recently released trade data shows Paraguay exported US$1.16bn of goods in the first four months of 2011, with exports still heavily concentrated in agricultural products, namely soybeans... 2011-06-02

Chile's external accounts were still healthy in Q111, but risks to their long-term stability remain. We believe the main risks are the current account's dependence on commodity prices... 2011-05-26

BMI View: We still believe the Uruguayan government is on course to beat its own 2014 deadline for achieving investment grade status. The positive outlook for the public accounts is... 2011-05-25

Although we still forecast solid 6.0% real GDP growth for Argentina in 2011, we remain concerned over future economic trajectory. President Cristina Fernández continues to sustain... 2011-05-24