EMIS PERSPECTIVES

Selected news and insights from emerging markets.

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IMF raises 2019 GDP growth forecast for Brazil
It also cut its projection for inflation 17 Oct
Moody's lowers 2019 and 2020 GDP growth forecast for Mexico
The downward revision for this year is in line with the economy's persistent stagnation 15 Oct
Brazil's economic activity down 0.7% y/y in August
The local economy increased 0.07% m/m 15 Oct
World Bank cuts 2019 and 2020 GDP growth forecast for Mexico
The monetary authority also slashed its estimates for Brazil, Chile and Argentina 14 Oct
Turkey sees number of intl flight passengers rise 10.5% y/y in 9-mo 2019
Number of domestic passengers falls 12.7% y/y 10 Oct
Zimbabwe hikes electricity tariff by 320%
Sharp increase expected to fund investments in the power sector 10 Oct
Colombia’s external debt up 6.7% y/y in July
It increased to 42.7% of the country’s GDP 10 Oct
Peruvian gold exports grow 6% y/y in August
India, Switzerland and the USA were the main destinations 10 Oct
Mexico's trade surplus with the USA soars 30.7% y/y in Jan-August
The Aztec country accounted for 15% of US foreign trade 08 Oct
Card payment transactions in Vietnam to reach 522.5m by 2030
Their number grew five-fold over past five years 08 Oct
India resorts to fifth key rate cut this year to spur faster growth
This is fifth key rate cut implemented this year as bank remains worried by GDP growth slowdown 07 Oct
Central Bank of Nigeria’s foreign reserves amount to USD 41.8bn at end-Sep
Reserves are sufficient to finance 7 months of merchandise imports 04 Oct