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Care work has a significant impact on women's approach to work. Promoting between family members a balance in the time spent on care and unpaid work would make it possible to increase women's labor participation, their income and their individual as well as collective well-being.

GDP grew 1.4% y/y in January. He highlighted the growth of sectors that have remained in negative territory for a long time, such as the construction sector and non-primary manufacturing. On the contrary, the agricultural sector continues to be hit by the weather.

Economic activity will rebound this year as the negative shocks that affected it in 2023 revert and the environment for private sector spending improves. Output is expected to grow 2,7%, higher than our three-months-ago forecast (2,0%), as weat…

The year 2023 closed with a current account deficit that represented 2.7% of GDP, 3.5 pps less than that recorded in 2022. This deficit is the lowest observed since 2010 and was accompanied by the largest drop in goods imports recorded (excludi…

In February, annual inflation continued to decrease, registering an annual variation of 7.7% and a monthly variation of 1.09%. The result was above the expectations of market analysts, who expected a monthly variation of 0.96%.

This year will go from less to more, but it could trend even more positively if investment gains momentum. This hinges on broader factors like the country's medium-term outlook concerning growth, fiscal matters, regulations, and inflation, among others.

In its March decision, the Board of the Central Bank decided to maintain the reference rate at 6.25% but reduced reserve requirements in domestic currency from 6.0% to 5.5%. The monetary policy stance, understood as the real ex-ante reference rate, remains in restrictive territory.

Improved financial conditions for households and businesses, facilitated by anticipated lower interest rates and inflation, will pave the way for a gradual economic recovery in Colombia throughout 2024, solidifying by 2025. We project a 1.5% GD…

The latest gender gap figures for Peru show some deteriorating indicators for women in the country. The greater burden of household chores and the abandonment of the labor market after their first child, condition their situation in the labor m…

In February, the Big Data Consumption and Investment Indicators suggest that domestic demand has been showing a better performance in the first months of the year 2024. In the case of the Total Investment indicator, there was a significant acce…

The January 2024 national unemployment rate was 12.7%, down from 13.7% in January 2023. Seasonally adjusted, the national rate decreased by 0.4 percentage points (p.p.) between December 2023 and January 2024, although it remains above the values observed in the middle of last year.

The consumer price index increased 0.56% MoM in February. The result for the month is mainly explained by the increase in the prices of some foods, particularly poultry, affected by high temperatures in February, and the readjustment in some administered rates, such as in the case of water.