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Market Latin America

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Ecuadorian demand for durables edges upward.(Brief Article)
Ecuadorian households are only beginning to feel a reprieve from the economic crisis that befell that nation in 1999 and 2000. Dollarization brought down inflation and interest rates, contributing . . .

Argentines opt for local goods.(Brief Article)
A decline in the value of Argentina's national currency (the peso) relative to the US$ in excess of 60 percent during 2002 contributed to a strong shift in consumer preference away from . . .

Demand for Colombian goods on the rise.(Brief Article)
Companies operating in Colombia are positioned to capitalize on rising demand for their goods and services both at home and in export markets this year. The rebound in demand for Colombian goods . . .

Prospects for Brazilian capital spending improve.(Brief Article)
During his first months in office, Brazil's recently-elected President Luiz Inacio (Lula) da Silva moved to bolster confidence in his economic program and forestall any further deterioration in . . .

Mexico's firm demand for durables.(Brief Article)
Mexico's 2001-2002 economic slowdown was the first one in over three decades that did not seriously undermine consumer spending. The key to stabilizing household demand has been the . . .

Latin American demand to recover slightly this year.
Overall economic activity in Latin America bottomed out in 2002 when regional GDP declined nearly 1 percent, yet the recovery in private sector demand will be spotty at best. Since Latin American . . .

ARGENTINE CAPITAL GOODS ORDERS COME TO LIFE.
Faced with the collapsing Argentine demand for dollar-denominated imports, leading international producers of consumer goods are faced with two options: abandon Argentina or produce in Argentina. . . .

MEXICO'S RECOVERY IS TEMPORARILY SIDETRACKED.
This year, Mexican private sector demand will experience modest growth similar to that of 2002, but the progression will be reversed. Growth in private sector spending fizzled late last year, . . .

COLOMBIAN CONSUMERS PLAY CATCH UP.(Brief Article)
Colombian household spending on high-end durables took off in recent months as declining interest rates and rising consumer confidence drew consumers back into the marketplace. After keeping most . . .

THE ECUADORIAN CONSUMPTION CLIMATE IMPROVES.(Brief Article)
Ecuadorian interest rates and inflation dropped dramatically over the past three years and the ongoing downward trend bodes well for moderate growth in private sector expenditure during 2003. . . .

PANAMA'S SLUGGISH HIGH-END SALES.(Brief Article)
Panama's prolonged economic stagnation has taken its toll on internal demand for high-end goods and services. One of the biggest barriers to boosting household demand is weak consumer . . .

PARAGUAYAN CONSUMERS FACE ANOTHER BAD YEAR.(Brief Article)
High inflation, declining currency value, and rising unemployment will take their toll on Paraguayan private sector consumption in 2003. With purchasing power parity of less than US$4,500 per . . .

INFLATION BATTERS BRAZILIAN BUYING POWER.
The greatest challenge facing Brazilian consumers this year is diminished purchasing power caused by double-digit inflation and weakness of the national currency (the real). Recent Brazilian . . .

COLOMBIAN INTERNAL DEMAND BOUNCES BACK.(Brief Article)
The two-year decline in Colombian purchasing power seems to have come to an end, but the nation's consumers are forced to make a painful adjustment to living with a smaller household budget. As . . .

Sales of Venezuelan high-end goods and services will take a beating from all sides during 2003.(Brief Article)
Severely depressed consumer confidence is pushing the average Venezuelan household to delay high-end purchases as long as possible. Foreign tourists, who are the mainstay of high-end spending in . . .

EXPORT EXPANSION TO DRIVE CHILEAN SALES GAINS.
Faced with flat internal demand, Chilean industry sees free trade as a key element in bringing the nation's economy back to life. GDP expansion ranging from 1.5 percent to 2 percent over the past . . .

PERUVIAN CAPITAL SPENDING RECOVERS IN 2003.
Peruvian industrial production should rise by more than 4 percent during 2003 and that will contribute to healthy gains in capital spending as the year progresses. The main beneficiaries of . . .

BRAZILIANS PUT SPENDING ON HOLD.
Brazil is far from living up to its potential as the hub of private sector consumption in South America. Its sheer demographic and physical size makes it a key component in regional commerce, but . . .

ARGENTINA- BUYING LESS WITH LESS.(Brief Article)
Argentine commerce limps along in spite of the agonizing adjustments that merchants and households alike have been forced to make over the past year in order to survive the economic collapse. . . .

BOLIVIAN INTERNAL DEMAND STAGNATES.
Household and industrial demand in Bolivia are being undermined by a chronic shortage of liquidity. More than 60% of all households live in poverty and the majority of businesses are . . .

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