Economic Snapshot for Latin America
January 18, 2022
Regional economy to cool in 2022
The pace of GDP expansion is set to cool notably this year, amid a less favorable base effect and slower expansions in domestic and foreign demand, and as fiscal and monetary policies turn less accommodative. The threat of further Covid-19 variants, high inflation and political and policy uncertainty associated with elections in some countries are key factors to watch.
Inflation to moderate 2022
Regional inflation came in at 11.7% in December (November: 11.9%), amid declining inflation rates in Argentina, Bolivia, Brazil and Paraguay. That said, high energy prices and recovering activity sustained inflation. It should ease this year on less supportive monetary policy stances, but will remain high amid ongoing supply bottlenecks and elevated energy prices.
5 years of Latin America economic forecasts for more than 30 economic indicators.
Latin America Economic News
January 26, 2022
The monthly indicator for economic activity (EMAE) grew 9.3% year-on-year in November (October: +6.7% yoy).
January 25, 2022
The monthly indicator for economic activity (IGAE) rose 0.3% month-on-month in seasonally-adjusted terms in November (October: -0.2% mom).
January 21, 2022
Merchandise exports jumped 85.9% over the same month last year in December, following November’s 37.6% increase.
January 17, 2022
Economic activity rose 0.7% month-on-month in seasonally-adjusted terms in November, contrasting October’s 0.3% fall and marking the first month of growth after four consecutive periods of contraction.
January 15, 2022
Economic activity expanded 13.8% compared to the same month of the previous year in November, improving from October’s 12.6% increase.
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