Brazil’s Biggest Bank Now Forecasts Two-Year GDP Contraction

Itau Unibanco SA is now forecasting Brazil’s economy will contract for a second consecutive year as unemployment continues to rise and the government struggles to contain above-target inflation.

Peru cenbank says economic recovery likely slower than expected

LIMA, Sept 12 (Reuters) - Peru's central bank said on Friday that the economic recovery in July and August was likely less robust than previously expected as key indicators point to ebbing consumption.

Chile’s Growth Beats Forecasts After Vergara Calls for Calm

Chile’s economy expanded more than analysts expected in July, while wages grew at the fastest in five years, sparking the biggest rally in the peso since May.

Mexico creates special force for economic crime

MEXICO CITY (AP) — Mexico launched a special 5,000-strong police force Friday to combat industrial, farm and business crime that has extended throughout the country's economy, strangling commerce in some regions.

Brazil Economists Cut Growth Estimates for This Year and Next

Brazil economists cut both 2014 and 2015 growth estimates for the second week in a row on signs that a period of waning economic activity has extended beyond the first quarter.

Chile annual inflation reaches 4.7 pct, well above bank range

SANTIAGO, June 6 (Reuters) - Inflation in Chile rose to 4.7 percent in May on an annualized basis, to more than a five-year high.

Brazil economic activity index rebounds in January

BRASILIA, March 14 (Reuters) - Economic activity in Brazil grew more than expected in January as strong retail sales offset most of the prior month's sharp downturn, the central bank said on Friday.

Chile's economic activity growth hits near four-year low

SANTIAGO, March 5 (Reuters) - Chile's monthly economic activity rose at its weakest pace in nearly four years in January, undershooting market estimates and adding to evidence that an ongoing slowdown in the top copper exporter could be more severe than expected.