Latin America Economics Weekly

Latin America Weekly: Worsening current account positions, Bolivia’s election

One theme to emerge from the recently-released GDP figures is that domestic demand is increasingly leaking into imports, which will cause current account positions to worsen. External positions still...

22nd August 2025 · 5 mins read

Latin America Economics Update

LatAm debt risks easing, but still some pockets of concern

Sovereign debt risks across Latin America have eased in the past year or so but there are still important nuances at a country level. Public finance risks in Brazil and Colombia are most concerning...

19th August 2025 · 3 mins read

Latin America Rapid Response

Chile GDP (Q2 2025)

The Chilean economy isn’t as weak as the slowdown in GDP growth to 0.4% q/q would suggest; there was a large drag from net trade while domestic demand remained very strong. This, alongside the...

18th August 2025 · 2 mins read

Latin America Economics Weekly

Latin America Weekly: Shift in rate expectations in Brazil, Chile set for slowdown

The latest data out of Brazil point to a slowdown in GDP growth in Q2, which, alongside softening inflation, has led to a shift in the debate towards interest rate cuts, perhaps by year-end. This...

15th August 2025 · 5 mins read

Latin America Economics Weekly

Latin America Weekly: Mexico’s tariff resilience, exemptions for Chile & Brazil

Having found itself in Trump’s firing line a few weeks ago, this week’s tariffs announcements were better for much of Latin America than had been feared and it now looks like the hit to GDP will be...

1st August 2025 · 6 mins read

Emerging Markets Financial Risk Monitor

EM Financial Risk Monitor (Jul. 2025)

Most EM currencies have strengthened against the dollar in recent months. Limited external vulnerabilities – our aggregate EM currency crisis risk indicator remains near multi-decade lows – have...

31st July 2025 · 1 min read

Latin America Chart Pack

Latin America Chart Pack (Jul. 2025)

Our Latin America Economics Chart Pack has been updated with the latest data and our analysis of recent developments. President Trump’s tariff threats this month put Latin America in the firing line...

29th July 2025 · 1 min read

Latin America Economics Weekly

Latin America Weekly: Financial lifeline for Pemex, busy week for central banks

In a busy week for central banks, we expect policymakers in Chile and Colombia to resume their easing cycle and Copom to leave its policy rate unchanged. But the overarching picture in Latin America...

25th July 2025 · 9 mins read

Latin America Economics Weekly

Latin America Weekly: Lat Am in Trump’s firing line, good news on inflation

The broad-based falls shown in the CPI figures for June suggest that the inflation picture in Latin America has become a bit better, supporting our view that central banks in many places will deliver...

11th July 2025 · 5 mins read

Latin America Economics Update

US tariffs add to headwinds facing Chile’s copper sector

Chile’s economy is the most exposed globally to US copper import tariffs. But while the impact would probably be small, it would add to deep-seated problems facing the copper sector. Register here to...

9th July 2025 · 3 mins read

Latin America Rapid Response

Chile Consumer Prices (Jun. 2025)

The larger-than-expected fall in Chilean inflation, to 4.1% y/y, in June supports our view that policymakers will resume its easing cycle with a 25bp cut, to 4.75%, later this month.

8th July 2025 · 2 mins read

Latin America Economics Weekly

Chile’s communist candidate, Mexico’s weak economy

The victory for communist candidate, Jeannette Jara, in the Chilean governing coalition’s presidential primary election was received warmly by markets – her presence on the ballot is seen as...

4th July 2025 · 5 mins read

Latin America Economics Update

Lat Am central banks to surprise on the dovish side

Our views on the outlook for monetary policy in Latin America have been on the hawkish side for some time, but we now think that there’s scope for interest rates in many countries in the region to...

2nd July 2025 · 3 mins read

Latin America Economics Weekly

Latin America Weekly: Diverging rate decisions, Middle East war & Lat Am

While Chile’s central bank this week flagged that it will resume its easing cycle soon, Brazil’s hiked interest rates and didn’t close the door to additional tightening. But despite Brazilian...

20th June 2025 · 7 mins read

Latin America Chart Pack

Latin America Chart Pack (Jun. 2025)

Our Latin America Economics Chart Pack has been updated with the latest data and our analysis of recent developments. Mexico has weathered the US’s shift toward protectionism better than many feared...

17th June 2025 · 1 min read