Macroeconomic Forecast Uruguay

To read the full article, please choose one of the following options:

Consumer price inflation in Uruguay rose to 6.1% y-o-y in January this year, up slightly from an end-2009 reading of 5.9%. On a month-on-month basis this marked a considerable uptick, with the headline figure rising 0.93% in January, up from 0.47% in December. We anticipate downside pressure on global commodity markets this year, in line with gradual tightening measures by central banks, especially in China. This, along with rising interest ra