Macroeconomic Forecast BoliviaMarch 2012 | Macroeconomic Forecasts
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BMI View: Bolivian consumer price inflation has dropped substantially since the start of 2012, to 4.7% y-o-y in February from 6.9% at the end of 2011. This slowdown in consumer price pressures is in line with slower money supply growth, which we believe will cap domestic demand over the course of 2012. For that reason, we are sticking to our forecast for a slowdown in real GDP growth this year, to 3.7%, from an estimated 4.5% in 2011.