Revelation of Expectations in Latin America (REVELA): No. 11 : March, 2008
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 although growth expectations in Latin America for 2008 remain almost unchanged at 5.2%, there are six countries with lower expected 2008 growth rates. On the other hand, Inflation expectations continue to rise, now the expected inflation rate for 2008 is 7.6%, 0.54% higher than last month. The most significant increase occurred in Bolivia where the expected inflation rate rose from 12.91% to 16.97%.