LatAm Daily | Chile’s inflation expectations rise as currency depreciates
Published on Thursday, August 27, 2015
LatAm Daily | Chile’s inflation expectations rise as currency depreciates
Summary
Inflation expectations rose 0.4% MoM in August in line with our estimate, as traders expect the currency weakening and hovering around USDCLP 710. However, long-term expectations remained anchored to the central bank’s target. Meanwhile, traders expect a 25bp increase in interest rates. Today, Mexico’s trade balance should show a deficit of USD1,590mn.
Geographies
- Geography Tags
- Latin America
- Mexico
Topics
- Topic Tags
- Macroeconomic Analysis
Authors
Cecilia Posadas
BBVA Research - Principal Economist
Enestor Dos Santos
BBVA Research - Principal Economist
Jorge Selaive
Juana Téllez
BBVA Research - Chief Economist
Carlos Serrano
BBVA Research - Chief Economist
Hugo Perea
BBVA Research - Chief Economist
Alejandro Faci
Documents and files
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