Latin America Data Response Mexico Consumer Prices (Sep.) The further fall in Mexican inflation in September, coming on the back of dovish minutes from last month’s MPC meeting published this week, and a recent appreciation of the peso against the dollar... 8th October 2015 · 1 min read
Latin America Data Response Chile Consumer Prices (Sep.) The fall in Chilean inflation in September, to 4.6% y/y, is an encouraging sign that price pressures resulting from the sharp fall in the peso over the past year are starting to wane. But with... 8th October 2015 · 1 min read
Latin America Data Response Brazil Consumer Prices (Sep.) Inflation in Brazil was unchanged at 9.5% y/y in September, but the headline rate is on course to rise again in October as fuel price hikes recently announced by state-owned oil company Petrobras come... 7th October 2015 · 1 min read
Latin America Data Response Brazil Industrial Production (Aug.) The huge 1.2% m/m fall in Brazilian industrial production in August was driven largely by a steep decline in capital goods production. One factor behind this seems to be the escalating corruption... 2nd October 2015 · 1 min read
Latin America Data Response Brazil & Mexico Manufacturing PMIs (Sep.) The pick-up in Brazil’s manufacturing PMI last month, to 47.0 from 45.8 in August, was encouraging, particularly following recent early signs in the hard data that the slump in the economy may be... 1st October 2015 · 1 min read
Latin America Data Response Mexico IGAE (Jul.) & Bi-Weekly CPI (Sep.) Growth slows Mexico’s IGAE Activity Indicator for July was weak and is the first sign that the economic slowdown continued into Q3. Better news came from today’s inflation data, which showed that the headline rate... 24th September 2015 · 1 min read
Latin America Data Response Brazil IPCA-15 (Sep.) Barring an unexpected jump in prices over the coming weeks, data to the middle of this month suggest that inflation in Brazil is on course to drop back in September. 22nd September 2015 · 1 min read
Latin America Data Response Brazil Economic Activity Indicator (Jul.) Brazil’s Economic Activity Indicator for July suggests that GDP fell at an even faster pace at the start of Q3 than in Q2. But there are some early signs that the slump may be close to bottoming out. 21st September 2015 · 1 min read
Latin America Data Response Peru Economic Activity (Jul.) The growth of economic activity in Peru slowed slightly in July to 3.3% y/y. But even so, the reading is still relatively strong by the standards of the past year and we expect growth to pick up a... 15th September 2015 · 1 min read
Latin America Data Response Mexico Industrial Production (Jul.) Mexican industrial production data for July were a little stronger-than-expected. But even so, the figures suggest that the economy remained weak at the start of Q3. 11th September 2015 · 1 min read
Latin America Data Response Colombia GDP (Q2) The pick-up in Colombian GDP growth in the second quarter was encouraging, but with the full effects of the fall in oil prices yet to feed through, this is as good as it’s going to get for the next... 10th September 2015 · 1 min read
Latin America Data Response Brazil Consumer Prices (Aug.) The drop in Brazil inflation from 9.6% y/y in July to 9.5% y/y in August should mark the start of a steady decline over the coming months. However, as the minutes from last week’s COPOM meeting (also... 10th September 2015 · 1 min read
Latin America Data Response Mexico Consumer Prices (Aug.) Mexican inflation continued to buck the regional trend in August, falling for a tenth consecutive month, to 2.6% y/y. With the headline rate falling further below target, and the peso stabilising... 9th September 2015 · 1 min read
Latin America Data Response Mexico Consumer Prices (Aug.) Mexican inflation continued to buck the regional trend in August, falling for a tenth consecutive month, to 2.6% y/y. With the headline rate falling further below target, and the peso stabilising... 9th September 2015 · 1 min read
Latin America Data Response Chile Consumer Prices (Aug.) The further rise in Chilean inflation last month, to 5.0% y/y, coming on the back of the hawkish message in the central bank’s latest Inflation Report, suggests that rate hikes may come sooner than we... 8th September 2015 · 1 min read
Latin America Data Response Chile IMACEC (Jul.) The stronger-than-expected increase in Chile’s IMACEC activity indicator in July was encouraging, even more so given that activity was affected by strike action at state owned mining company, Codelco... 7th September 2015 · 1 min read