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dc.titleRevelation of Expectations in Latin America (REVELA): No. 48: March, 2015
dc.contributor.authorArce, Fernando
dc.contributor.authorPowell, Andrew
dc.contributor.orgunitDepartment of Research and Chief Economist
dc.coverageLatin America and the Caribbean
dc.date.available2015-04-06T00:00:00
dc.date.issue2015-04-02T00:00:00
dc.description.abstractThe February 2015 surveys of expectations conducted by Central Banks with inflation targeting regimes indicate that the simple average growth expectations for 2015 for the eight countries covered has decreased by 0.1%, from 3.2% to 3.1% while the GDP weighted average growth expectation fell by 0.4%, from 1.9% to 1.5%. Inflation expectations for 2015 have increased in the past month, by 0.1% on a simple average basis, from 4.3% to 4.4%, and by 0.3% on a GDP weighted average basis, from 5.0% to 5.3%. Comparing the January and February surveys, expected 2015 growth rose fell in the three largest economies covered in the REVELA database. Growth expectations decreased in Brazil (0.7%), Colombia (0.3%), and Mexico (0.2%). At the same time, they remained stable in Peru (at 4.0%) and increased in Chile (0.1%), Guatemala (0.1%), Paraguay (0.1%), and Uruguay (0.1%). Expected growth now ranges between 4.5% (Colombia) to -0.4% (Brazil). Inflation expectations rose in Brazil (0.6%), Chile (0.2%), Guatemala (0.1%), and Uruguay (0.1%) and fell only in Mexico (0.1%).
dc.format.extent5
dc.identifier.doihttp://dx.doi.org/10.18235/0008104
dc.identifier.urlhttps://publications.iadb.org/publications/english/document/Revelation-of-Expectations-in-Latin-America-(REVELA)-No-48-March-2015.pdf
dc.language.isoen
dc.mediumAdobe PDF
dc.publisherInter-American Development Bank
dc.subjectInflation
dc.subject.keywordsInflation expectation;Average inflation expectation;Average growth rate;IDB-NW-150;Average growth expectations
dc.typeMagazines, Journals and Newsletters
idb.identifier.pubnumberMagazines, Journals & Newsletters
idb.operationRG-K1089
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