Revelation of Expectations in Latin America (REVELA): No 42: July, 2014
The June 2014 surveys of expectations conducted by Central Banks with inflation targeting regimes indicate that average growth expectations for 2014 have fallen from 3.6% to 3.4% while inflation expectations for 2014 have remained stable at 4.8%. In all but one of the countries studied (the exception being Colombia), expected 2014 growth decreased between the May and June surveys. Indeed, expected growth fell in Brazil (0.4%), Chile (0. 2%), Guatemala (0.1%), Mexico (0.1%), Paraguay (0.2%), Peru (0.2%) and Uruguay (0.2%). Expected growth now ranges between 5.0% (Peru) to 1.2% (Brazil). The GDP weighted average inflation expectation for the region for 2014 is 5.3% and the GDP weighted average growth expectation is 2.1%. Inflation expectations rose in Chile (0.1%), Colombia (0.2%), Paraguay (0.1%) and Peru (0.1%) and fell in Guatemala (0.1%).
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| Format: | biblioteca |
| Language: | English |
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Inter-American Development Bank
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| Subjects: | Inflation Targeting, GDP Growth, Market Growth, Inflation expectation;Growth expectation, |
| Online Access: | http://dx.doi.org/10.18235/0008101 https://publications.iadb.org/en/revelation-expectations-latin-america-revela-no-42-july-2014 |
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