Economy

BMI View: Strong market orientation and low levels of corruption have propelled Uruguay to 2nd place in Latin America (and 35th in the world) in our newly-revised business environment... 2007-10-03

INDEC , food and education prices rose the most of any category on the month, a theme which has recurred throughout the year. The data no longer packs much of a punch, however, given... 2007-09-12

BMI View:The Paraguayan guaraní has made strong gains against the dollar since late August, reaching a four-month high of PYG5,020/US$ on September 10. The move is likely to be as... 2007-09-11

BMI View: Consumer prices rose by 1.1% m-o-m, sending the annual reading to a six-year high of 4.7% y-o-y in August. This was well above both Banco Central de Chile (BCC)'s 3.0%... 2007-09-06

Latest government moves highlight a commitment to its current, interventionist approach to sustaining momentum in the economy, even in the face of adversity. We retain our view that... 2007-08-22

The consumer price index inflated by 8.03% y-o-y in July, marking only a marginal reduction from June's 8.05% outturn. Adverse weather conditions which have led to food shortages,... 2007-08-07

BMI View: After month-on-month inflation fell by 0.7% in June, it has ticked up again this month, with the consumer price index (CPI) rising by 0.4% over the month.

Another Argentine inflation data release, another round of scepticism surrounding the statistics agency's (INDEC) credibility. Month-on-month inflation for July came in at 0.5%, below... 2007-08-07

BMI View: The unemployment rate rose significantly in May, to 10.5% from 9.7% in April. This was due almost entirely to a surge of entrants into the labour market, with participation... 2007-07-09

BMI View: Annual inflation remains above 8% in Uruguay, on the back of a sharp increase in food prices. A new tax system and moderating commodity prices could help ease inflationary... 2007-07-04