Feb 02, 2011
| Last Updated
- Brazil: The trade balance for December and PMI data for January suggest that economic activity remains strong—although it is mostly driven by domestic demand, particularly consumption, as the heavily overvalued currency is constraining the export sector. Meanwhile, inflation expectations continue to deteriorate and the government missed the fiscal target for 2010.
- Mexico: The latest central bank survey indicates faster-than-anticipated economic growth, higher inflation and a stronger currency in 2011, while envisaging an unchanged monetary policy rate throughout[...]
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