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LATIN TRADE INDEX [.

                           LATIN TRADE INDEX [*]

                                        % CHANGE
                                     APRIL 98/99
Total Trade April 99 US$39.6 billion        -10%
Exports     April 99 US$19.7 billion       -3.8%
Imports     April 99 US$19.9 billion      -15.3%


(*.)Combined import and export data from Argentina, Brazil, Chile,
Colombia, Ecuador, Mexico, Peru and Venezuela.
                                 ARGENTINA

Inflation (annual rate) May 98/May 99  -1.2%
Interest Rate           May 99          6.3%
Reserves (US$ millions) May 99        23,378
Dollar Value (Peso)     July 9          1.00
                                  BAHAMAS

Inflation (annual rate) Dec 97/Dec 98 1.9%
Interest Rate           Apr 99        5.2%
Reserves (US$ millions) May 99         457
Dollar Value (Dollar)   July 9        1.00
                                  BELIZE

Inflation (annual rate) Jan 98/Jan 99 13.3%
Interest Rate           Mar 99         8.2%
Reserves (US$ millions) May 99         68.3
Dollar Value (Dollar)   July 9         2.00
                                  BOLIVIA

Inflation (annual rate)      May 98/May 99  1.3%
Interest Rate                May 99        12.0%
Reserves (US$ millions)      Apr 99          768
Dollar Value (Boliviano [o]) July 9         5.80
                                  BRAZIL

Inflation (annual rate) Apr 98/Apr 99   3.3%
Interest Rate           Apr 99         31.3%
Reserves (US$ millions) Apr 99        42,464
Dollar Value (Real)     July 9          1.80
                                   CHILE

Inflation (annual rate) May 98/May 99   4.0%
Interest Rate           May 99         10.6%
Reserves (US$ millions) May 99        16,274
Dollar Value (Peso [o]) July 9        492.17
                                 COLOMBIA

Inflation (annual rate) May 98/May 99  7.1%
Interest Rate           May 99        19.0%
Reserves (US$ millions) Mar 99        8,326
Dollar Value (Peso [o]) July 9        1,875
                                COSTA RICA

Inflation (annual rate) May 98/May 99  10.0%
Interest Rate           May 99         14.7%
Reserves (US$ millions) May 99         1,435
Dollar Value (Colon)    July 9        286.99
                            DOMINICAN REPUBLIC

Inflation (annual rate) May 98/May 99  7.5%
Interest Rate           Mar 99        18.2%
Reserves (US$ millions) May 99          483
Dollar Value (Peso [d]) July 9        15.95
                                     ECUADOR

Inflation (annual rate)  Mar 98/Mar 99  54.3%
Interest Rate            Feb 99         55.5%
Reserves (US$ millions)  Mar 99         1,482
Dollar Value (Sucre [d]) July 9        11,975
                                EL SALVADOR

Inflation (annual rate)  Apr 98/Apr 99  0.1%
Interest Rate            May 99        10.2%
Reserves (US$ millions)  May 99        1,902
Dollar Value (Colon [d]) July 9         8.76
                                 GUATEMALA

Inflation (annual rate) Apr 98/Apr 99  3.5%
Interest Rate           Apr 99         7.1%
Reserves (US$ millions) May 99        1,273
Dollar Value (Quetzal)  July 9         7.35
                                   HAITI

Inflation (annual rate) Feb 98/Feb 99  7.9%
Interest Rate           Apr 99         7.0%
Reserves (US$ millions) Aug 98         81.2
Dollar Value (Gourde)   July 9        16.70
                                 HONDURAS

Inflation (annual rate)    May 98/May 99 11.2%
Interest Rate              Apr 99        22.8%
Reserves (US$ millions)    Dec 98          818
Dollar Value (Lempira [d]) July 9        14.31
                                  MEXICO

Inflation (annual rate) May 98/May 99  18.0%
Interest Rate           May 99          8.6%
Reserves (US$ millions) May 99        31,147
Dollar Value (Peso)     July 9          9.36
                                 NICARAGUA

Inflation (annual rate) May 98/May 99  9.4%
Interest Rate           May 99        10.3%
Reserves (US$ millions) Apr 99          476
Dollar Value (Cordoba)  July 9        11.87
                                  PANAMA

Inflation (annual rate) Mar 98/Mar 99  1.4%
Interest Rate           Feb 99         7.4%
Reserves (US$ millions) Apr 99        1,259
Dollar Value (Balboa)   July 9         1.00
                                 PARAGUAY

Inflation (annual rate)    May 98/May 99  4.4%
Interest Rate              Dec 98        15.8%
Reserves (US$ millions)    May 99          640
Dollar Value (Guarani [d]) July 9        3,320
                                   PERU

Inflation (annual rate) May 98/May 99  3.2%
Interest Rate           May 99        19.4%
Reserves (US$ millions) Mar 99        9,233
Dollar Value (Sol [d])  July 9         3.32
                              TRINIDAD/TOBAGO

Inflation (annual rate) Nov 97/Nov 98 3.2%
Interest Rate           Apr 99        9.7%
Reserves (US$ millions) Apr 99         710
Dollar Value (Dollar)   July 9        6.28
                                  URUGUAY

Inflation (annual rate) Apr 98/Apr 99  7.5%
Interest Rate           Mar 99        14.4%
Reserves (US$ millions) Mar 99        1,959
Dollar Value (Peso [m]) July 9        11.44
                                 VENEZUELA

Inflation (annual rate)    May 98/May 99  23.4%
Interest Rate              May 99         22.3%
Reserves (US$ millions)    May 99        11,302
Dollar Value (Bolivar [d]) July 9        609.00


INTEREST RATE: Data measured by the average, in the indicated period, in
percent per annum. Bank deposit rate. RESERVES DEFINITION: Excludesgold.
DOLLAR VALUE: Interbank sale and purchase average rate or (c.)Commercial,
(d.)Free Market, (m.)Market, (o.)Official.
DATA: IMF; Individual countries; Bank of America Global Trading, London;
LATIN TRADE.
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No portion of this article can be reproduced without the express written permission from the copyright holder.
Copyright 1999, Gale Group. All rights reserved. Gale Group is a Thomson Corporation Company.

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Publication:Latin Trade
Geographic Code:0LATI
Date:Oct 1, 1999
Words:768
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