Revelation%20of%20Expectations%20in%20Latin%20America%20%28REVELA%29%20%2D%20Issue%209%20%2D%20January%202008

REVELA

Revelation of Expectations in Latin America (REVELA) - Issue 9 - January 2008


CODE: REV-9
AUTHOR(s): Powell, Andrew , Salazni, Mariana
PUBLISHED: January 2008
LANGUAGE: English
DATASETS: Database for Revelation of Expectations in Latin America (REVELA)
RELATED TOPICS: Macroeconomics
DOWNLOAD FILE IN: English Spanish

Abstract:

REVELA analyzes market expectations of growth and inflation in Latin American countries. The figures analyzed represent the results of surveys of private sector actors conducted by the central banks of each country according to their own specific methodologies. They do not represent official projections by the IDB or any other official body. RES collects the results of these surveys from participating central banks on a monthly basis to produce a report and a set of illustrative graphs and tables.Despite the recent negative economic news on the US economy January’s REVELA details that growth expectations in Latin America for 2008 were stable or even increased, except in Chile. The average expected 2008 growth rate for the countries surveyed is now 5.21%, higher than December’s prediction of 5.03%. Inflation expectations increased in six countries and declined in four. In particular, expected 2008 inflation in Bolivia fell from 14.02% to 12.54%.

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