The trade deficit came in at USD 0.7 billion in September, widening USD 0.2 billion over one year. The deficit was slightly below the Bloomberg market consensus and our USD 0.8 billion call. During ...
The trade balance reached a surplus of USD 0.9 billion in October, well above the USD 0.4 billion deficit registered in the same month of 2023. The surplus was slightly below market expectations ...
According to the BCCh's national accounts, Chile’s GDP rose by 2.3% YoY in 3Q24 (1.6% in 2Q24), a tick above the 2.2% performance outlined by the monthly GDP proxy (Imacec). Domestic demand increased ...
Argentina’s treasury ran yet another primary surplus in October, reaching ARS 746.9 billion, significantly above the deficit of ARS 330.3 billion posted one year earlier. The nominal fiscal balance ...
The current account balance in 3Q24 came in at a deficit of USD 3.1 billion (3.9% of GDP; Itaú: USD 2.8 billion). The deficit was below the USD 5.3 billion deficit of 3Q23 (but larger than the small ...
All eyes on the MoF. As we have mentioned in previous reports, the MoF has been an active participant in the local foreign exchange spot market in recent years. For context, in March of 2020 the MoF ...