Revelation of Expectations in Latin America (REVELA): Issue 33: July, 2013

The June 2013 surveys of expectations conducted by Central Banks with inflation targeting regimes indicate that average growth expectations have fallen slightly while inflation expectations remained constant. The simple average inflation expectation for the region for 2013 is 4. 3%, whereas average growth expectations are 4. 7%. Inflation expectations fell in Paraguay (0. 4%), Chile (0. 1%) and Mexico (0. 1%) and rose slightly in Brazil (0. 1%), Colombia (0. 1%), Guatemala (0. 1%), Peru (0. 1%) and Uruguay (0. 1%). Expected growth fell in Brazil (0. 5%), Chile (0. 4%) and Mexico (0. 1%) and only increased in Paraguay (0. 4%).