Revelation of Expectations in Latin America (REVELA): Issue 30: September, 2013

Abstract

The April 2013 surveys of expectations conducted by Central Banks with inflation targeting regimes indicate that average growth expectations have risen while inflation expectations have remained stable. Simple average growth expectations for 2013 are 4. 9% and GDP weighted average growth expectations are 4. 3%. There was a significant rise in growth expectations in Paraguay, to reach 10. 8%. The simple average inflation expectation for 2013 remains at 4. 5% and the GDP weighted average is 4. 8%. Inflation expectations increased in Guatemala (0. 3%), Mexico (0. 2%), and Paraguay (0. 1%). Conversely, they decreased in Chile (0. 2%), Peru (0. 2%) and Colombia (0. 1%).