Our Latin America Chart Pack has been updated with the latest data and our analysis of recent developments.
Activity in the region picked up in Q1 and we expect this to continue in the coming quarters. But growth over the year as a whole will fall short of consensus expectations. The disinflation process is entering a slower phase and the delay in rate cuts from the Fed combined with stubbornly strong underlying price pressures at home mean that many central banks will soon reduce the size of rate cuts (or halt their easing cycles).
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