Our Latin America Economics Chart Pack has been updated with the latest data and our analysis of recent developments.
The region’s performance in Q2 was a mixed bag but lower commodity prices, tighter fiscal policy and softening labour markets will cause growth to come in below consensus expectations over the next couple of years.
Inflation rose in most countries last month, underpinning our view that BanRep will deliver another hike on Friday and that rate hikes in Chile and Peru are likely to come onto the agenda before year end. But very tight monetary conditions will give Brazil and Colombia some room to lower rates next year.
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