Revelation of Expectations in Latin America (REVELA): No. 9 : January, 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 January issue, REVELA reports that growth expectations in Latin America for 2008 were stable or even increased, except in Chile. The average expected 2008 growth rate for the countries surveyed is now 5.21%, higher than December's prediction of 5.03%. Inflation expectations increased in six countries and declined in four. In particular, expected 2008 inflation in Bolivia fell from 14.02% to 12.54%.