A USD 1.4 billion trade surplus was recorded in October, well above the USD 0.7 billion surplus one year earlier. The surplus came in below our USD 1.6 billion call. The rolling one-year trade balance ...

BanRep’s technical staff revised GDP up and short-term CPI down, while outlined an interest rate path that, on average, is above analysts’ expectations (9.0% yearend). Activity this year is now seen ...

Higher-than-expected food prices along with the large electricity price adjustment lifted consumer prices by 1% in October. Consumer prices increased 1.0% from September to October, well above the ...

Weak September dynamics likely linked to transportation strike. Retail sales increased by 1.5% yoy in September (+5.1% in August), well below the Bloomberg market consensus of +3.9% and our +5.5% call ...

According to Argentina’s statistical office (INDEC), consumer prices rose by 2.7% MoM in October, down from 3.5% MoM in the previous month, the lowest since November 2021. The print was below our ...

This document is a guide that addresses Itaú Unibanco’s green, sustainable and social debt issuances, identifying the categories of use of eligible funds, monitoring indicators, and providing data on ...

Lower food prices led to a 0.13% CPI drop from September to October, well below the Bloomberg market consensus of +0.16% and our +0.15% call. The main negative contributors in the month were food ...

We aim for resilient operations and delivery of products and services that support clients in transition to a low-carbon economy, with a focus on climate adaptation and mitigation. Financed emissions ...

La Política de responsabilidad social, ambiental y climática (PRSAC) consiste en un conjunto de principios y directrices de carácter social, ambiental y climático que deben observarse para realizar ...

In its November meeting, the Central Bank of Peru (BCRP) cut the policy rate by 25 bp to 5.00%, in line with market consensus. In contrast to previous communiqués, the statement explicitly mentions ...

For over four decades, we have strategically integrated sustainability and ESG issues, to encourage sustainable growth and meet the needs of people and the environment. Our ability to adapt, innovate ...

We carry out Private Social Investments in a broad and significant manner to promote access to and expansion of rights, improve the quality of life and strengthen people's power of change. Our actions ...