Pages

LatAm: Inflation below expectations

- "Inflation data took center stage this week. It was low in Peru and in line with expectations. Although high in Chile, it was still below expectations, as it was in Brazil, Colombia and Venezuela. In Brazil and Colombia the trend was also down."
- "The indicators of economic activity have maintained their trend of pervious weeks: very strong in nearly all the region, but with clear indicators of a slowdown in Brazil and Mexico. The decision by the Central Bank of Peru to raise its policy rate by 50 bps in response to the persistent increase in domestic demand surprised markets and makes clear the complex risk balance faced by the monetary authorities in the region."
- "Global markets show divergent movements, with LatAm assets demonstrating a positive trend in general."
- "After the easing of financial tension and the region's favorable economic performance, financial assets in Latin America have maintained their positive trend in the medium term, but adjustments in the next few days cannot be ruled out, with investors taking up technical positions."

BBVA Latin Weekly Observatory 20100806

No comments:

Post a Comment