Figure 2: The recent uptick in inflation is not a universal phenomenon in the Latin American region
Inflation rate prior and during the pandemic by Latin American country
Inflation
during pandemic (March 2020 - March 2021)
Average
pre-pandemic inflation (2009 - 2020)
0.0%
1.0%
2.0%
3.0%
4.0%
5.0%
6.0%
7.0%
8.0%
Uruguay
Dominican Rep.
Brazil
Guatemala
Mexico
Honduras
Chile
Peru
Paraguay
El Salvador
Colombia
Bolivia
Costa Rica
Panama
Ecuador