Latin America Chart Pack Tide turning against Temer While the eyes of the world have been focused on the fallout from the US election, domestic political risks have resurfaced in Brazil. The latest controversy surrounds allegations that President Temer... 28th November 2016 · 1 min read
Latin America Economics Update Tweaking – not slashing – our Mexico forecasts Donald Trump’s surprise victory in the US election has led to a rash of sizeable downgrades to growth forecasts for Mexico, including several predictions of a recession. But we think the impact over... 21st November 2016 · 1 min read
Latin America Data Response Peru GDP (Q3) Peruvian GDP growth rebounded to an impressive 4.4% y/y in Q3, from 3.7% y/y in Q2, as household consumption and export growth accelerated. What’s more, the economy looks set to remain strong over the... 21st November 2016 · 1 min read
Latin America Data Response Peru Economic Activity (Sep.) Peruvian economic activity data showed that, while the economy weakened between August and September, GDP growth over Q3 as a whole probably strengthened to around 4.5% y/y from 3.6% y/y in Q2. 15th November 2016 · 1 min read
Latin America Economics Update Peru: Rising inflation to trigger rate hikes next year Despite the drop in the sol in recent days and the rising inflation rate, Peru’s central bank left interest rates on hold at 4.25% once again. Nonetheless, we expect hikes to resume next year and the... 11th November 2016 · 1 min read
Latin America Chart Pack Lat Am central banks turning more dovish Central banks in several countries in Latin America are turning increasingly dovish. Policymakers in Brazil cut interest rates this month on the back of another drop in inflation and further (gradual)... 31st October 2016 · 1 min read
Latin America Economics Update Argentina: is Macri already a busted flush? The Argentine government’s recent upward revision to its 2017 budget deficit forecast has added to concerns that President Macri’s reform agenda is already starting to slow after less than a year in... 19th October 2016 · 1 min read
Latin America Data Response Peru Economic Activity (Aug.) The pick-up in Peruvian economic activity in August was encouragingly broad-based and suggests that GDP growth rebounded back above 4% in Q3. 14th October 2016 · 1 min read
Latin America Economics Update Peru: Interest rates to rise by more than most expect The Peruvian central bank’s decision to keep interest rates on hold at 4.25% didn’t come as a surprise, but we expect a pick-up in inflation next year to trigger more rate hikes than the consensus... 14th October 2016 · 1 min read
Latin America Economics Update Trump, the US election and the implications for Latin America Donald Trump’s performance in last night’s first US presidential election debate doesn’t appear to have done himself any favours, but his election in November is still a real possibility. This would... 27th September 2016 · 1 min read
Latin America Data Response Peru Economic Activity (Jul.) The mild pick-up in Peruvian economic activity growth in July was driven by a rebound in the country’s notoriously volatile fishing sector. Nonetheless, we expect growth in the rest of the economy to... 15th September 2016 · 1 min read
Latin America Data Response Peru GDP (Q2) The slowdown in Peruvian GDP growth in Q2 was due to a weakening of domestic demand. But, with the new government intent on loosening fiscal policy to stimulate the economy, we doubt the slowdown will... 22nd August 2016 · 1 min read
Latin America Data Response Peru Economic Activity (Jun.) The slowdown in Peruvian economic activity in June suggests that GDP growth eased to around 3.6% y/y in Q2, from 4.4% y/y in Q1. Nonetheless, this largely reflects weakness in volatile primary sectors... 15th August 2016 · 1 min read
Latin America Economics Update Chile & Peru MPCs hint that tightening done, but hikes still likely Having left interest rates unchanged last night, the Chilean and Peruvian central banks both removed the reference to a tightening bias in their accompanying statements. However, with inflation likely... 12th August 2016 · 1 min read
Latin America Data Response Mexico GDP (Q2, Prov.) & Chile Activity (June) The fall in Mexican GDP in Q2 is partly payback for a strong Q1 but it also reflects the continuing drag on Mexican industry from manufacturing weakness in the US. With policy tightening now set to... 29th July 2016 · 1 min read
Latin America Data Response Peru Economic Activity (May) The rebound in Peruvian economic activity in May leaves the economy on course to expand by around 4% in Q2. That would be weaker than the Q1 outturn, but it would still mean that Peru remained one of... 15th July 2016 · 1 min read
