Revelation of Expectations in Latin America (REVELA): Issue 34: August, 2013

Date
Aug 2013
The July 2013 surveys of expectations conducted by Central Banks with inflation targeting regimes indicate that growth expectations have fallen while average inflation expectations remained constant. The simple average inflation expectation for the region for 2013 is 4. 4%, whereas the simple average expectation for growth is now 4. 6%, although GDP weighted growth fell to 2. 8%. Inflation expectations fell in Brazil (0. 1%) and Mexico (0. 2%) and rose in Colombia (0. 1%), Guatemala (0. 3%) and Uruguay (0. 1%). Expected growth fell in Brazil (0. 2%), Chile (0. 2%), Mexico (0. 2%), Paraguay (0. 1%), Peru (0. 2%) and Uruguay (0. 1%) and remained stable in Colombia and Guatemala.