Revelation%20of%20Expectations%20in%20Latin%20America%28REVELA%29%20%2D%20Issue%2070

Newsletter / Journal

Revelation of Expectations in Latin America(REVELA) - Issue 70


CODE: IDB-NW-185
AUTHOR(s): Powell, Andrew , Sosa, Mariano
PUBLISHED: July 2017
LANGUAGE: English
RELATED TOPICS: Macroeconomics
DOWNLOAD FILE IN: English

Abstract:

The February 2017 surveys of expectations conducted by Central Banks with inflation targeting regimes indicate that the simple average growth rate expected for 2017 for the eight countries covered by REVELA remained stable compared to the previous month at 2.3%. Also, the GDP-weighted average of growth expectations remained constant compared to January at 1.3%. At the individual country level, growth expectations rose by 0.3% in Uruguay from 1.1% to 1.4% and declined in Peru by 0.3% from 3.8% to 3.5% and in Chile by 0.1% from 2.0% to 1.9%. In the remaining five countries, growth expectations remained unchanged compared to the previous month at: 3.8% in Paraguay, 3.3% in Guatemala, 2.6% in Colombia, 1.5% in Mexico, and 0.5% in Brazil.

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