Revelation%20of%20Expectations%20in%20Latin%20America%28REVELA%29%20%2D%20Issue%2074

Newsletter / Journal

Revelation of Expectations in Latin America(REVELA) - Issue 74


CODE: IDB-NW-189
AUTHOR(s): Powell, Andrew , Sosa, Mariano
PUBLISHED: September 2017
LANGUAGE: English
RELATED TOPICS: Macroeconomics
DOWNLOAD FILE IN: English

Abstract:

The June 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 at 2.4% compared to May. At the same time, the GDP-weighted average remained constant at 1.4% compared to the previous month. On the other hand, inflation expectations for 2017 declined by 0.1% from 4.5% to 4.4% both under the simple average basis and the GDP-weighted average basis. At the individual country level, growth expectations rose in Uruguay by 0.8% from 2.6% to 3.4%, and declined by 0.1% in three countries: Brazil from 0.5% to 0.4%, Chile from 1.6% to 1.5% and Peru from 2.6% to 2.5%.

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