Our Latin America Economics Chart Pack has been updated with the latest data and our analysis of recent developments.
Contrary to consensus expectations for growth to stabilise, we expect growth in Latin America to slow next year owing to headwinds from tight fiscal policy, softer wage growth and lower commodity prices. The flipside of weaker growth is that it should support the disinflation process. This underpins our view that interest rates will be lowered by more than most currently anticipate, especially in Brazil and Mexico.
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