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dc.titleRevelation of Expectations in Latin America (REVELA): No. 50: April, 2015
dc.contributor.authorPowell, Andrew
dc.contributor.authorArce, Fernando
dc.contributor.orgunitDepartment of Research and Chief Economist
dc.coverageLatin America
dc.date.available2015-05-06T00:00:00
dc.date.issue2015-05-05T00:00:00
dc.description.abstractThe March 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. 1% to 3. 0% while the GDP weighted average growth expectation fell by 0. 3%, from 1. 5% to 1. 2%. Inflation expectations for 2015 have increased in the past month, by 0. 2% on a simple average basis, from 4. 5% to 4. 7%, and by 0. 4% on a GDP weighted average basis, from 5. 3% to 5. 7%. Comparing the February and March surveys, expected 2015 growth only increased in one country covered in the REVELA database, Chile, increasing from 2. 7% to 2. 8%. At the same time, growth expectations decreased in Brazil (by 0. 5%), Mexico (by 0. 1%), Peru (by 0. 4%) and Uruguay (by 0. 1%). Finally, in three countries they remained stable. This was the case in Colombia (at 4. 3%), Guatemala (at 3. 8%) and Paraguay (at 4. 5%). Expected growth now ranges between 4. 5% (Paraguay) to -0. 9% (Brazil). Inflation expectations rose in Brazil (by 0. 8%), Chile (by 0. 3%), Colombia (by 0. 3%), Peru (by 0. 3%) and Uruguay (by 0. 1%) and fell only in Guatemala (by 0. 1%).
dc.format.extent6
dc.identifier.doihttp://dx.doi.org/10.18235/0008106
dc.identifier.urlhttps://publications.iadb.org/publications/english/document/Revelation-of-Expectations-in-Latin-America-(REVELA)-No-50-April-2015.pdf
dc.language.isoen
dc.mediumAdobe PDF
dc.publisherInter-American Development Bank
dc.subjectInflation Targeting
dc.subjectGDP Growth
dc.subjectMarket Growth
dc.subject.keywordsGrowth expectations;Revela;Inflation expectations
dc.typeMagazines, Journals and Newsletters
idb.identifier.pubnumberMagazines, Journals & Newsletters
idb.operationRG-K1089
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