Latin America and the Caribbean.

• Position: Ilustraci

Latin America and the Caribbean GDP % change on year ago LT Consensus Forecast * latest 2005 2006F 2007F Argentina 9.0 Q1'06 9.2 6.8 4.5 Brazil 1.2 Q2'06 2.3 3.6 3.8 Chile 4.5 Q2'06 6.3 5.6 5.2 Colombia 5.2 Q1'06 5.1 4.5 4.1 Ecuador 5.6 Q1'06 3.5 3.0 2.7 Mexico 4.7 Q2'06 3.0 4.0 3.4 Peru 6.0 Q2'06 6.7 5.2 4.8 Venezuela 9.2 Q2'06 9.3 6.1 4.3 Industrial production Unemployment % change on year ago % rate latest latest Argentina 8.1 May '06 11.4 Q1 '06 Brazil 4.8 May '06 10.2 May '06+ Chile 6.9 May '06 8.7 May '06 Colombia 11.9 May '06 11.8 May '06 Ecuador -1.7 May '06 10.1 May '06 Mexico 5.8 May '06 2.9 May '06+ Peru 6.5 May '06 9.3 May '06 Venezuela -- -- 10.2 May '06 Producer prices Consumer prices % change on year ago LT Consensus Forecast * latest 2005 2006F 2007F Argentina 11.4 May '06 12.3 13.0 12.8 Brazil -1.7 May '06 5.7 4.4 4.4 Chile 7.7 May '06 3.7 3.2 3.1 Colombia 4.0 May '06 4.9 4.4 4.2 Ecuador 18.4 May '06 3.5 3.5 3.2 Mexico 6.1 May '06 3.3 3.4 3.4 Peru 3.8 May '06 1.5 2.6 2.4 Venezuela 10.0 May '06 14.4 14.1 14.3 Exchange rates Current account International reserves end of period as % of GDP US$ billions per US$ LT Consensus LT Consensus LT Consensus Forecast * Forecast * Forecast * 2005 2006F 2007F 2005 2006F 2007F 2005 2006F 2007F Argentina 3.02 3.15 3.28 3.0 1.6 0.6 28.0 27.3 29.6 Brazil 2.34 2.28 2.31 1.8 0.9 0.4 53.8 67.4 65.9 Chile 514 534 558 0.6 1.8 0.7 16.5 17.0 17.3 Colombia 2,284 2,405 2,500 -1.6 -1.6 -2.1 15.0 15.8 16.5 Ecuador 1.00 1.00 1.00 0.6 -0.5 -2.6 2.1 2.1 2.0 Mexico 10.62 11.17 11.52 -0.7 -0.7 -1.3 68.7 74.3 77.4 Peru 3.42 3.38 3.42 1.3 0.5 -0.4 13.9 15.6 16.8 Venezuela 2,149 2,264 2,434 18.6 13.4 9.9 29.8 32.3 32.0 * LATIN TRADE Consensus Forecast includes ABN-Ammo, Banamex, BBVA, Goldman Sachs, J.P. Morgan Chase, Merrill Lynch, Morgan Stanley, Santander Central Hispano Investment, Smith Barney, CBS Warburg, LATIN TRADE + open unemployment (economically active, seeking work) Consumer prices Interest rates % change on year ago % per year latest year ago deposit lending Argentina 11.5 May '06 8.6 6.57 8.17 May '06 Bolivia 4.4 May '06 5.6 4.36 10.46 May '06 Brazil 4.3 May '06 8.1 14.83 51.50 May '06 Chile 3.7 May '06 2.7 5.03 7.70 May '06 Colombia 4.0 May '06 5.0 5.97 12.35 May '06 Costa Rica 11.9 May '06 14.5 9.58 23.17 May '06 Dominican Rep. 9.5 May '06 0.9 11.12 20.33 May '06 Ecuador 3.4 May '06 1.6 4.00 9.18 May '06 El Salvador 3.6 May '06 4.4 4.13 7.63 May '06 Guatemala 7.5 May '06 7.8 4.47 12.72 May '06...