Revelation of Expectations in Latin America (REVELA): No. 23 : March, 2009

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. In this March issue, REVELA reports that growth expectations for 2009 decreased with respect to last month's survey. Now the simple average expected growth rate is 1.91%. In the same way, growth is expected to slow in 2010, to an average of 3.29%, down from last month's 3.62% 2010 forecast. On the other hand, the expected inflation rate for 2009 decreased from 7.25% to 6.66%. The simple average of the expected inflation rate for 2010 is 5.99%.