Economy

The incoming government has already begun implementing measures to restore the budget surplus at somewhere close to 4% of GDP. Our forecasts are slightly less optimistic, and though... 2007-11-29

Restoring public confidence and trust in the credibility of statistics agency INDEC 's data is absolutely essential if the government's anti-inflationary strategy is to succeed.... 2007-11-22

BMI View: The Chilean debt outlook remains very positive, and one of the country's major strengths. The trend of low and falling public external debt relative to GDP should continue... 2007-11-14

Along with many emerging market currencies, the guaraní has appreciated sharply against the US dollar recently, as the greenback continues to plunge on world markets. At the start... 2007-11-06

Unemployment in Chile is exhibiting a steadily rising trend, with the September reading of 7.7% marking its highest level in 12 months.

BMI View: An about turn on the opening of the controversial Botnia pulp mill might prove embarrassing for the Uruguayan government, though we do not foresee this event causing... 2007-11-05

BMI View: After being crippled by power shortages in July, industry in Argentina has bounced back impressively, led by the ongoing boom in the automobile industry. According to... 2007-11-05

BMI View The Uruguayan peso has appreciated sharply against the US dollar in recent months, breaking through UYU22.00/US$ at the start of November. The climb is a combination of... 2007-11-05

BMI View: Cristina Fernández is the first elected female president of Argentina, after a comfortable victory in Sunday's election. The immediate repercussions of the forthcoming... 2007-10-30

BMI View: Chile's external sector continues to be buoyed by strong global economic growth, combined with high commodity prices. During the period from January to August, the trade... 2007-10-08