Our Latin America Economics Chart Pack has been updated with the latest data and our analysis of recent developments.
Growth across Latin America is likely to be weaker than most expect in the next couple of years amid tight policy and worsening terms of trade. Even so, inflation is likely to stay above central banks’ targets in many countries. This means that monetary easing will be slow - or in Brazil’s case reverse - and rates will remain higher than most anticipate. Public finance risks will continue to build as fiscal consolidation efforts fail to prevent debt ratios from rising.
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