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 Data Response Brazil GDP (Q1) Brazil’s economy contracted in Q1, but the decline was smaller than expected thanks to a large positive contribution from net exports. With the news from the real economy not quite as grim as had been... 29th May 2015 · 1 min read
EM Valuations Monitor Which EM currencies are misaligned? The Peterson Institute for International Economics is due to publish its latest semi-annual estimates of fundamental equilibrium exchange rates soon. These are likely to suggest that the Turkish lira... 28th May 2015 · 1 min read
Emerging Markets Activity Monitor EM slowdown shows no sign of abating The slowdown across emerging markets is showing no sign of easing, with our latest GDP Tracker suggesting that growth is now running at 3.7% y/y – its lowest rate since September 2009. Much of the... 28th May 2015 · 1 min read
Latin America Chart Pack Brazil’s fiscal plans take shape Brazil’s government has started to flesh out plans for a fiscal squeeze, but further measures are likely to be needed if it is to meet its budget targets for this year. According to plans published... 28th May 2015 · 1 min read
Emerging Markets Economics Update Taking stock of a grim Q1 First quarter GDP data that have so far been released by EMs have painted a pretty grim picture. In this Update we outline the three key themes that have emerged. 27th May 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
Emerging Europe Economics Update EM inflation has troughed The big drag on EM inflation from the drop in commodity prices over the second half of last year will ease over the coming months. With inflation set to rise in most EMs over the second half of this... 27th May 2015 · 1 min read
Emerging Markets Economics Chart Pack Q1 GDP data confirm EM downturn Most emerging economies have made a weak start to the year. The Q1 GDP data released so far point to a slowdown in aggregate EM economic growth and early activity data for April suggest that this has... 22nd 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 Data Response Brazil Economic Activity Indicator (Mar.) Brazil’s Economic Activity Indicator was up by 0.5% y/y in March – an improvement on the 4.1% y/y fall registered in February, but still consistent with a contraction in GDP of 1.5% y/y over Q1 as a... 21st May 2015 · 1 min read
Latin America Data Response Peru GDP (Q1) Although annual GDP growth in Peru picked up in the first quarter of this year, in q/q terms growth eased a touch. Even so, we're not overly concerned – the quarterly data are volatile and, while the... 21st May 2015 · 1 min read
Frontier Markets Wrap Low oil prices a challenge for key frontier markets Despite a recent rebound, low oil prices are posing a challenge for many frontier markets. Low oilprices were one factor that led the IMF to cut its 2015 growth forecast for Sub-Saharan Africa, andwe... 20th 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
Emerging Markets Trade Monitor EM exports raise questions over global demand Several factors help explain why the dollar value of exports from emerging markets fell sharply in March, including lower commodity prices, the strength of the US dollar and distortions in China’s... 19th May 2015 · 1 min read
Latin America Data Response Chile GDP & Current Account (Q1) First quarter GDP and balance of payments data from Chile add to evidence that the economy is on the mend. Not only did quarterly GDP growth accelerate but the current account also registered a... 18th May 2015 · 1 min read
