Just released a report that can be found here:
http://www.ers.usda.gov/publications/oce091/
The global economic slowdown has dampened inflation. Even with the U.S. and world economies projected to move back toward stronger, sustainable growth, global inflation is projected at relatively low rates, averaging about 3 percent globally through 2018.
Interesting to me is the long-term growth of 4 percent, projected for Latin America. An overall improvement in macroeconomic policies has attracted foreign capital inflows (particularly foreign direct investment, notably to Chile, Colombia, and Brazil) and sustained growth in the region. Any comments?
Posted by aceisig 