Latin America Economics Update Brazil: how will policymakers respond to market rout? The sell-off in the Brazilian real over the past month has triggered a sharp upward revision in market expectations for interest rates over the next year. In this month’s Watch we explain why... 20th August 2013 · 1 min read
Latin America Economics Update Energy reform to support outperformance of Mexican economy The Mexican government’s plan to open up the oil industry to foreign investment could boost annual GDP growth by 0.3%-pts over the next decade and also give a substantial boost to tax receipts. This... 13th August 2013 · 1 min read
Latin America Economics Update Inflation concerns ease in Brazil and Mexico July’s data will help to allay inflation concerns in Latin America’s two largest economies – Brazil and Mexico. Inflation fell back to within target range in both countries and looks set to remain... 8th August 2013 · 1 min read
Latin America Chart Pack Rates to stay lower than the market expects Latin American central banks have taken divergent paths in 2013. Whereas Brazil started to hike interest rates in April, both Colombia and Mexico have trimmed their benchmark rates this year... 31st July 2013 · 1 min read
Latin America Economic Outlook A new era of weaker growth Latin American growth fell to its slowest rate since 2009 in the first half of this year and, while some countries are likely to see a rebound over the coming quarters, we think that for most this... 29th July 2013 · 1 min read
Latin America Economics Update Markets steady following Q2 rout Latin American financial markets have steadied in July after a sharp sell-off over the previous couple of months. We suspect that markets will stay under pressure in the near term. However, the worst... 26th July 2013 · 1 min read
Latin America Economics Update Investment plan another reason to expect Mexico rebound The poor performance of the Mexican economy so far this year has been one of the biggest disappointments in Latin America. In this Watch we explain why, in contrast to Brazil, the slowdown owes more... 16th July 2013 · 1 min read
Latin America Economics Update Mexican industry should still outperform Despite a poor start to the year there are still good reasons to expect Mexican manufacturing to strengthen over the second half of 2013 and support a period of relatively strong growth in the wider... 15th July 2013 · 1 min read
Latin America Economics Update Little to cheer in June's PMIs There’s not much to cheer in June’s PMI data for Latin America. Brazilian industry appears to be treading water, while the Mexican manufacturing sector is still slowing. Instead, the glimmer of hope... 1st July 2013 · 1 min read
Latin America Chart Pack Fed sends markets reeling Latin American bonds, equities and currencies have slumped over the past month after the US Fed signalled its intention to taper its asset purchases under QE3 later this year. But while financial... 27th June 2013 · 1 min read
Latin America Economics Update What next for Latin American currencies? The sharp falls in Latin American currencies over the past month mean that many are now below our end-year targets, which looked extremely bearish only a few months ago. But while we think the trend... 25th June 2013 · 1 min read
Latin America Economics Update No sign of a rebound in Latin America manufacturing in May May’s manufacturing surveys suggest that the Brazilian and Mexican manufacturing sectors both weakened further last month. But while Brazilian industry will probably continue to struggle over the... 4th June 2013 · 1 min read
Latin America Chart Pack Slower growth to become the new norm Economic growth across Latin America was weaker than expected in Q1. We estimate that regional GDP increased by about 2.2% y/y, down from 2.8% y/y in Q4 of last year – the slowest pace since 2009... 31st May 2013 · 1 min read
Latin America Economics Update Latin American equities underperform The recent weakness of Latin American stock markets has continued unabated in May, with returns well below those of developed and emerging market equity benchmarks. Going forward, we expect stocks to... 30th May 2013 · 1 min read
Latin America Economics Update Mexican current account deficit not a concern... yet The fact that the Mexican current account deficit has doubled over the past year is not as alarming as it appears. The deficit remains small and there are no signs of a consumer import binge... 28th May 2013 · 1 min read
Latin America Economic Outlook Hidden vulnerabilities Latin American GDP growth slowed to its lowest rate since 2009 in the first quarter of this year and, while we expect to see a gradual recovery over the coming quarters, mounting vulnerabilities will... 22nd May 2013 · 1 min read
