Revelation of Expectations in Latin America (REVELA): Issue 69: February, 2017

Jun 2017
The February 2017 surveys of expectations conducted by Central Banks in the region, simple average growth expectations for2017 for the eight countries covered by Revela fell by 0.1% from 2.4% to 2.3% compared to December while inflation expectations remained constant at 4.7%. At the individual country level, growth expectations for 2017 increased for Paraguay by 0.1%, remained constant in Brazil and Chile but fell in five countries: in Colombia by 0.3%, in Paraguay by 0.2%, and in Guatemala, Mexico and Uruguay by 0.1% in all three cases. Inflation expectations for 2017 increased sharply in Mexico by 1.2% followed by a 0.1% increase in Colombia. They fell in four countries: in Paraguay and Uruguay by 0.4%, in Guatemala by 0.2%, in Brazil by 0.1% compared to December, and remained constant in Chile and Peru. Growth expectations for 2017 ranged from 0.5% in Brazil to 3.8% in Paraguay while inflation expectations ranged from 2.9% to 8.4% in January