Latin America Chart Pack

Latin America Chart Pack (Jun. 2024)

Our Latin America Economics Chart Pack has been updated with the latest data and our analysis of recent developments. After a strong start of the year, regional growth appears to have slowed in Q2 and...

25th June 2024 · 1 min read

Latin America Economics Weekly

Argentina’s IMF review, cautious central banks

The eighth review of Argentina’s IMF programme published this week is a whole-hearted endorsement of President Milei’s economic record. That said, the Fund called on Argentine authorities to take...

21st June 2024 · 8 mins read

Latin America Economic Outlook

Weak growth to make fiscal challenge harder

The economies of Latin America started the year on the front foot, but the strong growth rates recorded in early 2024 are unlikely to be sustained and growth in many parts of the region is likely to...

20th June 2024 · 21 mins read

Latin America Economics Update

What La Niña means for Latin America

There is a growing chance of a La Niña weather pattern taking hold in the second half of this year. While the economic effects would depend on its severity and length, La Niña events tend to coincide...

20th June 2024 · 5 mins read

Latin America Economics Weekly

Currency worries, good news from Argentina

Recent sharp falls in the Brazilian real and Mexican peso will add to concerns at their respective central banks. We now expect no further rate cuts in Brazil this year and the risks to our already...

14th June 2024 · 8 mins read

Latin America Economics Weekly

Mexico’s vote, Chile’s rate cut, Argentina’s trade surplus

The dramatic improvement in Argentina’s trade balance has helped the central bank to rebuild its FX reserves, but this has only been made possible because domestic demand has collapsed. A weaker...

24th May 2024 · 6 mins read

Frontier Markets Wrap

Sovereign bond spreads: from too high to too low?

The sharp drop in frontier market sovereign dollar bond spreads this year has caught many by surprise. We think there’s a case that the bond rally may have gone too far in Argentina, Ecuador and...

24th May 2024 · 4 mins read

Latin America Economics Weekly

DR votes, Lula intervenes, Argentine officials cheer

Dominicans are set to re-elect President Luis Abinader on Sunday and there's widespread hope among investors that his second term will see further measures to improve the public finances. Elsewhere...

17th May 2024 · 7 mins read

Latin America Economics Weekly

Colombia’s drought, Argentina’s anti-austerity protests

Recent rainfall has provided some relief to drought-hit Colombia, but with reservoir levels still perilously low, risks to hydropower generation - and consequently activity and inflation - continue to...

26th April 2024 · 7 mins read

Latin America Chart Pack

Latin America Chart Pack (Apr. 2024)

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...

24th April 2024 · 1 min read

Emerging Markets Economics Update

“Turnaround EMs”: good start but plenty more to do

The policy shifts underway in Turkey, Nigeria, Argentina and Egypt have ticked a lot of the right boxes so far, but it will take years for the full economic benefits to materialise and require...

24th April 2024 · 5 mins read

Latin America Economics Update

Argentina: initial fiscal successes but more work to do

The better-than-expected budget figures out of Argentina at the start of the year are undoubtedly good news and show that the fiscal adjustment is happening more quickly than we’d expected. That said...

23rd April 2024 · 5 mins read

Emerging Markets Economics Update

EM sovereign default risks still high in a few places

The incidence of sovereign debt distress has continued to decline across the emerging world in recent weeks, driven mainly by an improvement in global risk appetite and the corresponding narrowing of...

10th April 2024 · 3 mins read

Latin America Economic Outlook

Set for a slow recovery

Activity in the region slowed to a crawl at the end of last year and, while a recovery will take hold in the coming quarters, growth will fall short of consensus expectations. The disinflation process...

26th March 2024 · 22 mins read

Latin America Economics Weekly

Argentina’s surpluses, consumer strength

Argentina’s government ran another bumper primary budget surplus in February, taking President Milei a step closer to his target of achieving a balanced overall budget this year. But while the latest...

22nd March 2024 · 6 mins read