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-186
AUTHOR(s): Powell, Andrew , Sosa, Mariano
PUBLISHED: July 2017
LANGUAGE: English
RELATED TOPICS: Macroeconomics

Abstract:

Considering the February surveys conducted by Central Banks in the region, the simple average of growth expectations for 2017 remained constant compared to January, at 2.3%. Similarly, inflation expectations remained stable considering the simple average at 4.7%. Growth expectations for 2017 increased only in Uruguay (by 0.3%) and fell in Peru by 0.3% and in Chile by 0.1%. In the remaining five countries in the sample, growth expectations remained constant in February compared to the previous month. Growth expectations for 2017 were as low as 0.5% in Brazil and as high as 3.8% in Paraguay in February.

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