Latin America Economics Update Fading credit boom takes the shine off Latin America Signs that Latin America’s lending boom has faded support our belief that credit can’t continue to be as big an economic driver as in the recent past, and we expect GDP growth to ease this year... 4th February 2013 · 1 min read
Latin America Economics Update A new front in the "currency war" An improvement in risk appetite since the turn of the year has supported further gains in Latin American financial markets. But with the good news has come renewed upward pressure on the region’s... 24th January 2013 · 1 min read
Latin America Economics Update Bright start to the year as global tensions ease This is the first edition of our new monthly Latin America Markets Monitor. The purpose of this publication is to analyse the developments in local markets over the past month and give an update on... 22nd January 2013 · 1 min read
Latin America Economics Update Brazil: rising inflation narrows space for further easing A recent pick-up in inflation has reduced the space for further policy easing in Brazil, and we expect the Selic rate to remain at 7.25% until at least mid-year. Further ahead, if we are right to... 17th January 2013 · 1 min read
Latin America Economics Update Brazil inflation could rise above 6% The rise in Brazilian inflation last month is particularly worrying since it came despite a moderation in food inflation. With plans to cut electricity tariffs now under threat from a drought that has... 10th January 2013 · 1 min read
Latin America Economics Focus What to expect from Brazil in 2013 Brazil’s recovery will continue in 2013 but growth is likely to be lacklustre by historic standards. Above target inflation will prevent further policy support in the first few months of the year, but... 3rd January 2013 · 1 min read
Latin America Economics Update Brazil’s industrial recovery struggling to gain momentum The slight fall in the Brazilian Manufacturing PMI in December suggests that while industry in Latin America’s largest economy continued to grow in the final months of last year, the pace of expansion... 2nd January 2013 · 1 min read
Latin America Economics Update Signs of improvement in Q4 Our GDP Tracker suggests that growth in Latin American has accelerated in Q4, with a recovery in Brazil offsetting a slowdown in Mexico. However, the Brazilian economy is reaching the limits of... 19th December 2012 · 1 min read
Latin America Chart Pack Growth picking up, but 2013 set to be a testing year Growth in Latin America has accelerated in the final months of this year. We reckon that regional GDP is on course to expand by just over 3% y/y in Q4, up from less than 2.5% y/y in Q3. This should... 14th December 2012 · 1 min read
Latin America Economics Update Brazilian industry not as strong as it seems Brazilian industry should continue to grow over the coming months, but the current pace of expansion is unlikely to be maintained. Tax breaks on motor vehicles are due to expire, while the economy... 4th December 2012 · 1 min read
Latin America Economics Update Brazil: Q3 GDP reinforces limits of consumption-led growth Today’s disappointing third quarter GDP data suggest that despite substantial policy stimulus the Brazilian economy is struggling to get going. We expect growth to remain lacklustre over the next year... 30th November 2012 · 1 min read
Latin America Economics Update Brazil central bank remains in dovish mood The decision by Brazil’s central bank to keep interest rates unchanged at a record low of 7.25% was expected, but the accompanying statement supports our view that they will remain at their current... 29th November 2012 · 1 min read
Latin America Chart Pack A better end to the year Latin America appears to be enjoying an end of year growth spurt. We estimate that regional GDP growth accelerated to around 3% y/y in Q3, from a three-year low of 2.5% y/y in Q2. What’s more, growth... 28th November 2012 · 1 min read
Latin America Economics Update Brazil and Mexico: trading places We expect the Mexican economy to outperform by recent standards over the next couple of years. By contrast, growth in Brazil – which until now has been the star performer out of Latin America’s two... 27th November 2012 · 1 min read
Latin America Economic Outlook Growth to slow amid global headwinds The economies of Latin America will continue to outperform their peers in the developed world over the coming quarters, but growth is set to slow in 2013 and will be lacklustre by the standards of the... 21st November 2012 · 1 min read
Latin America Economics Update Brazil: in search of investment-led growth Data released later this month are likely to show that after having stagnated for much of the past year, Brazil’s economy roared back to life in Q3 on the back of substantial policy stimulus. But... 12th November 2012 · 1 min read
