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Economy & Business - July 2007 (ISSN 1741-4431)
URUGUAY: Inflation worries
In the first half of 2007 inflation was 5.5%. This means that the
government will miss its target for 2007 of a rate of inflation not exceeding
6.5%. In the 12 months to June the official consumer price index rose by 8.5%.
The local consensus among economists is that the authorities will tighten
monetary policy significantly in the second half of the year. This should lead
to an appreciation in the peso against the dollar.
- What are central bank reserves for?
- MEXICO: Still pretty sluggish
- FISCAL REFORM: Mexican government resigned to tax changes
- BRAZIL: Dollar continues to weaken as interest rates slashed
- ARGENTINA: Energy crisis bites
- URUGUAY: Inflation worries
- CHILE: Central bank raises rates
- PARAGUAY: Importers oppose higher tariffs
- BOLIVIA: Morales argues that inflation is inevitable
- COLOMBIA: The benefits of the strong peso
- ECUADOR: Diversifying exports
- VENEZUELA: Cabezas promises another package
- PERU: Central bank raises rates
- COSTA RICA: Banks raise profits by 11%
- CUBA: Castro rails against waste
- DOMINICAN REPUBLIC: Inflation down to 0.4%
- EL SALVADOR: Tax collection surges
- PANAMA: 9% growth in first quarter
- GUATEMALA: Central bank reins in credit
- HONDURAS: Trade deficit gaping
- NICARAGUA: IMF money to be used for energy
- AGRIBUSINESS: UN and US disagree massively over coca
- ENERGY: Chávez forecasts oil at US$100 a barrel
- MINING: Antofagasta give go-ahead to Esperanza
- BUSINESS: Who is going to build a refinery in Central America?
- REMITTANCES: The downside to remittances
- LATIN AMERICAN COMPANIES: Profits soar
- DEBT: Argentina dallies over Paris Club