Latin America Chart Pack Growth concerns come to the fore The past month has seen renewed concerns about the growth outlook for much of Latin America. GDP in the region grew by just 1.1% y/y in Q2 and the available data so far point to a similar pace of... 26th September 2014 · 1 min read
Latin America Economics Update Argentine peso has further to fall The Argentine government has introduced various measures in recent weeks to increase the availability of foreign currency in a bid to stem the depreciation of the peso in both official and unofficial... 15th September 2014 · 1 min read
Latin America Economics Update A period of low interest rates for Chile and Peru Interest rates were cut by 25bp in both Chile and Peru last night and policymakers have room to reduce rates further if growth continues to slow. With little chance of a significant rebound in growth... 12th September 2014 · 1 min read
Latin America Economic Outlook Treading water Economic growth in Latin America slowed further in the first half of 2014 and we see little chance of a strong rebound over the coming quarters. The key props to strong growth in the past decade are... 8th September 2014 · 1 min read
Latin America Chart Pack Mexico turning the corner The past month has brought signs that Mexico’s economy is finally turning the corner. latestdata suggest that the Mexican economy has turned the corner. GDP expanded by a seasonally-adjusted 1.0% q/q... 28th August 2014 · 1 min read
Latin America Economics Update No signs of contagion from Argentine debt saga The ongoing Argentine debt dispute continues to disrupt local markets, but so far there has been no contagion to the rest of the region. Equities have performed well so far in August, while it has... 26th August 2014 · 1 min read
Latin America Economics Update Chile stuck in the slow lane The further slowdown in Chilean GDP growth in Q2 adds to the evidence that the economy is set for a prolonged period of weaker growth. We continue to expect GDP growth of just 2.8% this year. 18th August 2014 · 1 min read
Latin America Economics Update Chile: more interest rate cuts to come Policymakers in Chile cut interest rates by 25bp to 3.50% last night and gave a clear indication that there is more monetary easing to come. If economic growth does not pick up as we expect ,the risks... 15th August 2014 · 1 min read
Latin America Economics Update A fork in the road Data on vehicle production released over the past month suggest contrasting fortunes for Latin America’s two largest economies. While Mexico seems to be turning a corner and growth over the second... 13th August 2014 · 1 min read
Latin America Economics Update Credit growth cools, but vulnerabilities persist The pace of private sector lending growth in most parts of Latin America has continued to cool this year, but the credit boom of the past decade means that vulnerabilities persist in a few places. At... 5th August 2014 · 1 min read
Latin America Economics Update Weak Chile activity data point to further interest rate cuts Chile’s activity data for June point to GDP growth of just 2.3% y/y in Q2, an outturn that would mark the third consecutive quarter of sub-3% growth. With the economic outlook unlikely to improve in... 30th July 2014 · 1 min read
Latin America Chart Pack Argentina teeters on the brink of another default With talks between Buenos Aires and holdout bondholders seemingly having stalled, it appears increasingly likely that Argentina will be prevented from making an interest payment that is due on... 25th July 2014 · 1 min read
Latin America Economics Update Chile: More interest rate cuts likely this year T he Chilean central bank cut interest rates last night and with policymakers clearly more concerned about weak growth than above-target inflation, we expect more reductions in the coming months. We... 16th July 2014 · 1 min read
Latin America Economics Update More gloom for Brazil’s manufacturers June’s business surveys suggest that manufacturing in Brazil is doing little more than stagnating. By contrast, the outlook for Mexican manufacturers is much brighter – the latest survey data suggest... 1st July 2014 · 1 min read
Latin America Economics Update Contagion from Argentine debt dispute limited So far at least, financial markets in Argentina have largely shrugged off the fact that, barring a last minute deal with holdout creditors, the government now seems destined to enter a technical... 30th June 2014 · 1 min read
Latin America Chart Pack World Cup proving a welcome distraction for Brazil The 2014 Football World Cup is proving to be a welcome distraction from yet more downbeat news on Brazil’s economy over the past month. Our GDP Tracker suggests that, after dropping to just 1.9% y/y... 27th June 2014 · 1 min read
