Latin America Data Response Mexico Consumer Prices (Jun.) June’s inflation data from Mexico contain no signs that a weaker peso is fuelling price pressures. With inflation still below target, policymakers have room to keep interest rates low even if the Fed... 9th July 2015 · 1 min read
Latin America Data Response Mexico IGAE (Apr.) & Bi-Weekly CPI (Jun.) Activity data from Mexico for April suggest that, after a weak Q1, the economy has continued to struggle at the start of Q2. In better news, inflation data to the middle of the month, also released... 24th June 2015 · 1 min read
Latin America Data Response Mexico Industrial Production (Apr.) The slowdown in annual industrial production growth in Mexico in April was due overwhelmingly to a renewed downturn in the mining sector. In contrast, there are tentative signs that the manufacturing... 11th June 2015 · 1 min read
Latin America Data Response Mexico Consumer Prices (May) If there were any lingering concerns that the weaker peso might trigger a rise in inflation in Mexico, the fact that CPI fell to below its 3% target last month should quash them. This supports our... 9th June 2015 · 1 min read
Latin America Economics Update Mexico elections: a glass half-full Elections in Mexico on Sunday delivered a broadly market-positive result, with the coalition led by the ruling PRI Party retaining its majority in Congress. But while this should ensure that Mexico... 8th June 2015 · 1 min read
Latin America Data Response Brazil & Mexico Manufacturing PMI (May) May’s manufacturing PMIs from Latin America make for pretty gloomy reading, with the headline indices in both Brazil and Mexico edging down. It’s worth noting that neither series has been a... 1st June 2015 · 1 min read
Latin America Economics Update Markets in Brazil and Colombia suffer fresh falls Following a brief recovery last month, Brazilian and Colombian financial markets have sold off in recent weeks, with both equities and currencies coming under pressure. But elsewhere in Latin America... 27th May 2015 · 1 min read
Latin America Data Response Mexico GDP (Q1) The slowdown in Mexican GDP growth in the first quarter of this year was due almost entirely to weakness in industry, which has been affected by problems in the mining sector as well as softer growth... 21st May 2015 · 1 min read
Latin America Economics Update A closer look at Mexico’s mining downturn First quarter GDP data from Mexico, due to be released tomorrow, are likely to show that the economy made a sluggish start to the year, due in large part to continued weakness in the mining sector... 20th May 2015 · 1 min read
Latin America Economic Outlook Recovery stalls as Brazil suffers renewed downturn The recovery that appeared to be underway in Latin America at the end of last year has faded in recent months, with several of the region’s economies experiencing renewed downturns. The latest... 13th May 2015 · 1 min read
Latin America Data Response Mexico Industrial Production (Mar.) Industrial production data for March were a bit softer than expected and suggest that Mexico’s economy grew by a disappointing 0.3% q/q or so in the first quarter. There are some signs that weather... 12th May 2015 · 1 min read
Latin America Economics Update Brazil heads deeper into the fiscal mire It is, in truth, too soon to expect any improvement in Brazil’s public finances as a result of the belt-tightening measures introduced over the past few months, but the fact that the fiscal position... 7th May 2015 · 1 min read
Latin America Data Response Mexico Consumer Prices (Apr.) Annual inflation in Mexico held steady at 3.1% for the second consecutive month in April and the recent stabilisation of the peso against the dollar should help to ease fears that inflation will... 7th May 2015 · 1 min read
Latin America Data Response Mexico Retail Sales (Feb.) The pick-up in retail sales growth in February suggests that consumer spending in Mexico has strengthened in the early months of this year, even if problems in the mining sector have weighed on wider... 24th April 2015 · 1 min read
Latin America Data Response Mexico IGAE (Feb.) & Bi-Weekly CPI (Apr.) Activity data from Mexico for February were a little weaker than expected and leave the economy on course to grow by a relatively sluggish 2.5% y/y in the first quarter of the year. There is better... 23rd April 2015 · 1 min read
Latin America Economics Update Reasons to remain upbeat on Mexico Despite a recession in the mining sector and an impending fiscal squeeze, we remain upbeat about Mexico. A gradual improvement in the labour market and a likely recovery in the US, after a weak start... 21st April 2015 · 1 min read
