Latin America Economics Update Brazil Q3 growth to disappoint After surprising on the upside in Q2, Brazilian GDP growth appears to have slowed to a paltry 0.3% q/q in the third quarter. The good news is that growth looks likely to accelerate once again in Q4... 22nd November 2010 · 1 min read
Latin America Economics Update Brazilian growth looking increasingly unbalanced Brazilian industry is well and truly stuck in a rut, due in part to the recent strength of the real. Continued growth in the consumer-facing sectors should keep the recovery from stalling but at the... 4th November 2010 · 1 min read
Latin America Economics Focus Two priorities for the Dilma administration Continuity is the word in Brazil. After a brief wobble last month, Dilma Rousseff eventually secured the presidency this weekend, defeating Jose Serra in a run-off yesterday. So far as economic policy... 1st November 2010 · 1 min read
Latin America Chart Pack Not in a bubble... yet The prospect of further policy easing in the developed world is stoking fears about asset price bubbles in Latin America. High commodity prices, good growth prospects and comparatively high returns... 28th October 2010 · 1 min read
Latin America Economics Update Brazilian interest rates on hold as currency concerns mount Last night, the Brazilian Central Bank held interest rates at 10.75% for the second consecutive month. Concerns about the strength of the real mean that rate hikes are off the agenda for the... 21st October 2010 · 1 min read
Latin America Economics Update How should Brazil respond to capital inflows? The recent influx of foreign capital into Brazil is likely to be sustained over the coming months and quarters. But while this should ensure that the economy continues to grow at a decent pace, there... 19th October 2010 · 1 min read
Latin America Economics Update Learning to live with higher capital inflows Policymakers across the region are facing a tricky balancing act. On the one hand, capital inflows are likely to remain healthy over the coming months. Additional liquidity generated by further policy... 18th October 2010 · 1 min read
Latin America Economics Update Brazil Election Watch: Markets unmoved by election uncertainty The Brazilian presidential election is set for a second round of voting on 31st October and the latest opinion polls suggest that it may be a tighter race than many had expected. While Dilma Rousseff... 13th October 2010 · 1 min read
Latin America Economics Update Brazilian inflation pushed up by food prices Although Brazilian inflation accelerated in September, the pick-up was driven by food prices. With the economy now growing at a sustainable rate, we expect the headline rate of inflation to remain at... 7th October 2010 · 1 min read
Latin America Economics Update Brazil Election Watch: Blow for Dilma as race goes to wire Brazil’s presidential election sprang into life yesterday after Dilma Rousseff failed to gain the 50% of votes needed to secure an outright victory in the first round of voting. She remains the... 4th October 2010 · 1 min read
Latin America Economics Update Brazil on course for a weaker Q3 Today’s raft of data brought further evidence that the recent strength of the real is squeezing Brazilian manufacturers. With the Central Bank now much more relaxed about the outlook for inflation... 1st October 2010 · 1 min read
Latin America Chart Pack Capital controls back on the agenda Governments in Latin America are becoming increasingly concerned about rapid currency appreciation, and for good reason. For a start, most currencies (with the notable exception of the Mexican peso)... 30th September 2010 · 1 min read
Latin America Economics Update Taking stock of Brazil’s 'currency war' Last night’s warning by the Brazilian Finance Minister, Guido Mantega, that an ‘international currency war’ has broken out has grabbed some predictable headlines. We discussed the issue of rapid... 28th September 2010 · 1 min read
Latin America Economics Update Treading carefully After a rapid rebound from last year’s recession, it seems that growth in Latin America is now starting to ease to a more sustainable pace. Monetary tightening has further to run in Chile and Peru... 20th September 2010 · 1 min read
Latin America Economics Update Brazilian consumers shift down a gear Brazilian consumers made a weaker than expected start to Q3, adding support to our view that interest rate hikes are likely to remain off the agenda for the rest of this year. Looking ahead, while... 14th September 2010 · 1 min read
Latin America Economic Outlook Treading the middle ground The outlook for Latin America remains good and, while the developed world will struggle to grow by 2% next year, we expect the region as a whole to grow by 4%. Brazil, Chile, Peru and Colombia will... 10th September 2010 · 1 min read
