Latin America Economy in March 2015

Source: OPEC 4/6/2015, Location: South America

Inflation in Argentina increased 20.9% y-o-y in January as the peso depreciated 21.1% y-o-y in the same month. In February, the currency depreciation slowed to 10.6% y-o-y. In 3Q14, a drop in exports, investment and private consumption led to a 0.8% y-o-y shrinking of GDP growth. Gross fixed capital formation decreased by 4.7% and private consumption fell by 1.4%.

In February 2015, the central bank of Chile left the main interest rate on hold at 3%, signalling concerns about inflationary pressures and slow growth. Inflation increased 4.4% y-o-y in February.

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Related Categories: Accounting, Statistics  Acquisitions and Divestitures  Asset Portfolio Management  Economics/Financial Analysis  General  Industrial Development  Insurance  Investment  Mergers and Acquisitions  Risk Management 

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