Latin America Data Response Mexico Industrial Production (Feb.) The stronger-than-expected rise in Mexican industrial production growth in February, to 2.6% y/y from 0.8% y/y in January, was encouraging, but it is too early to suggest that the sector has turned a... 11th April 2016 · 1 min read
Latin America Data Response Brazil & Chile Consumer Prices (Mar.) The sharp fall in Brazilian inflation in March, to 9.4% y/y from 10.4% y/y in February, could prompt COPOM to take a less hawkish stance. But with inflation still likely to remain well above target... 8th April 2016 · 1 min read
Latin America Data Response Mexico Consumer Prices (Mar.) The fall in Mexican inflation last month, to 2.6% y/y from 2.9% y/y in February, confirms that overall price pressures in the economy remain in check. But the recent steady rise in core inflation... 7th April 2016 · 1 min read
Latin America Data Response Brazil Ind. Prod. (Feb.) & Manufacturing PMI (Mar.) The sharp fall in Brazilian industrial production in February suggests that the economy was on course to contract in Q1 even before the more recent escalation in the country’s political crisis. The... 1st April 2016 · 1 min read
Latin America Data Response Chile Retail Sales, Ind. Prod. & Copper Prod. (Feb.) The better-than-expected Chilean activity data for February suggest that, after weakening significantly in recent months, the economy has started to stabilise. Nonetheless, growth is unlikely to pick... 30th March 2016 · 1 min read
Latin America Data Response Brazil IPCA-15 (Mar.) The larger-than-expected fall in Brazilian inflation in the first half of this month, to 10.0% y/y from 10.4% y/y over February as a whole, is encouraging. We expect inflation to continue to fall back... 23rd March 2016 · 1 min read
Latin America Data Response Mexico Bi-Weekly Consumer Prices (Mar.) The fall in Mexican headline inflation in the first half of March, to 2.7% y/y from 2.9% y/y over February as a whole, confirms that overall price pressures remain in check for now. However, the rise... 22nd March 2016 · 1 min read
Latin America Data Response Chile GDP & Current Account (Q4) The sharp slowdown in Chile’s GDP growth in the final quarter of last year means that the economy grew by a disappointing 2.0% over 2015 as a whole and we doubt the economy will pick-up soon. We... 18th March 2016 · 1 min read
Latin America Data Response Peru Economic Activity (Jan.) Peruvian economic growth slowed sharply in January, but the economy remains in a strong position and we expect GDP growth to accelerate this year. 15th March 2016 · 1 min read
Latin America Data Response Mexico Industrial Production (Jan.) The return to growth in Mexican industrial production at the start of this year is encouraging, but the underlying trend is still weak. What’s more, the pick-up was due to an improvement in mining and... 11th March 2016 · 1 min read
Latin America Data Response Colombia GDP (Q4) Colombia’s economy grew by a respectable 3.3% y/y in the final quarter of 2015, but we expect the economy to slow this year as the impact of lower oil prices continues to bite and economic policy... 10th March 2016 · 1 min read
Latin America Data Response Mexico Consumer Prices (Feb.) The further rise in Mexican inflation in February to 2.9% y/y from 2.5% y/y in January, was due largely to a pick-up in food inflation, rather than an increase in general price pressures. Even so... 9th March 2016 · 1 min read
Latin America Data Response Brazil Consumer Prices (Feb.) The fall in Brazilian inflation in February, to 10.4% y/y from 10.7% y/y in January, was driven entirely by the unwinding of the impact of regulated price hikes implemented in the same period last... 9th March 2016 · 1 min read
Latin America Data Response Chile Consumer Prices (Feb.) The smaller-than-expected fall in Chilean inflation in February suggests that price pressures remain strong. This creates a dilemma for the central bank, which is likely to be reluctant to hike rates... 8th March 2016 · 1 min read
Latin America Data Response Brazil & Mexico Manufacturing PMIs (Feb.) The sharp drop in Brazil’s manufacturing PMI for February is particularly disappointing given that it follows a general improvement in the survey data for January, and has dealt a blow to hopes that... 1st March 2016 · 1 min read
Latin America Data Response Chile Retail Sales, Ind. Prod. & Copper Prod. (Jan.) Chile’s economy remained relatively weak in January as the industrial sector continued to struggle. While we expect conditions to improve over the course of this year, today’s data underscore the... 29th February 2016 · 1 min read
