Latin America Economics Update A weak first half for growth After a torrid 2013, financial markets across Latin America have enjoyed a decent run over the first half of 2014, with most equity markets up by around 5% and bond yields edging down too. However... 11th June 2014 · 1 min read
Latin America Economics Update Mexico: Improving inflation outlook to keep interest rates low An improving outlook for inflation in Mexico suggests that Friday’s surprise interest rate cut is unlikely to be reversed in a hurry. We expect interest rates to remain at their new historic low of 3... 9th June 2014 · 1 min read
Latin America Economics Update Manufacturing PMI points to further weakness in Brazil Today’s manufacturing PMI data for May add to the evidence that the Brazilian economy continued to struggle in the second quarter. Meanwhile, although the US ISM manufacturing index unexpectedly fell... 2nd June 2014 · 1 min read
Latin America Chart Pack GDP growth slowed in Q1, likely to remain sluggish First quarter GDP data released over the past month suggest that the region’s economy slowed further at the start of this year, with growth dipping to just 2.0% y/y in Q1, down from 2.2% y/y in Q4... 2nd June 2014 · 1 min read
Latin America Economics Update Mexican GDP growth to accelerate despite disappointing Q1 Mexican GDP growth fell short of expectations in the first quarter, but the economy looks set to fare much better over the coming years as the government presses ahead with major investments and the... 23rd May 2014 · 1 min read
Latin America Economics Update Bumpy road ahead for Lat Am markets Currencies, equities and bonds have all fared well so far this month after a turbulent past year. While we expect bouts of financial market volatility as US monetary policy becomes less accommodative... 22nd May 2014 · 1 min read
Latin America Economics Update Mexico shifts towards a sweet spot Tempting though it is to blame the recent weakness of Mexico’s economy on problems north of the border, the truth is that many of the factors that have weighed on growth over the past six months or so... 16th May 2014 · 1 min read
Latin America Economics Update Rising inflation to prevent interest rate cuts despite slow growth Rising inflation looks set to force policymakers in most parts of Latin America to keep monetary policy relatively tight despite evidence that the region is entering a new phase of weaker economic... 9th May 2014 · 1 min read
Latin America Economics Update Slow start to Q2 for Brazilian manufacturers April’s manufacturing PMI suggests that Brazilian manufacturers made a disappointing start to the second quarter. By contrast, the outlook for Mexican manufacturers continues to improve as the US... 2nd May 2014 · 1 min read
Latin America Economics Update Bigger investment plan boosts Mexican outlook The Mexican government’s plan to oversee investment projects worth a cumulative 46% of GDP, including an overhaul of the energy industry, should go a long way to ensuring that the economy is Latin... 1st May 2014 · 1 min read
Latin America Chart Pack Inflation concerns resurface in Brazil Inflation has started to accelerate once again in Brazil, casting doubt over signals from the central bank that the hike in interest rates earlier this month could be the last in the current... 25th April 2014 · 1 min read
Latin America Economics Update Recovery gains momentum The past month has seen Latin American financial markets perform fairly well, building on the momentum of March’s rebound. But despite the recent gains, we expect some renewed downside this year amid... 23rd April 2014 · 1 min read
Latin America Economics Update Return of investment to boost Mexican GDP growth Mexican investment has been weak for the past two years, but we do not think that the economy is heading for a Brazilian-style capacity crunch. Business investment has been relatively buoyant, and... 22nd April 2014 · 1 min read
Latin America Economics Update External vulnerabilities mean weak growth, not crisis We have been warning for a very long time that the recent period of strong growth in Latin America has been built on shaky foundations. With external vulnerabilities mounting, several countries in the... 14th April 2014 · 1 min read
Latin America Economics Update Brazil & Mexico inflation head in opposite directions The latest jump in inflation in Brazil will put pressure on policymakers to raise interest rates further, despite having signalled an end to monetary tightening at last month’s COPOM meeting. In... 9th April 2014 · 1 min read
Latin America Economics Focus Pacific Alliance: Trading up? The Pacific Alliance pact has raised hopes of a boom in intra-regional trade, but the high degree of overlap between the export baskets of the member nations makes that unlikely. Nonetheless, the... 9th April 2014 · 1 min read
