Latin America Economic Outlook Stuck in the slow lane Tight fiscal stances, deteriorating terms of trade and weakening labour markets mean that Latin American economies will continue to struggle and we think regional growth will come in below 2% in the... 10th September 2026 · 21 mins read
Latin America Economics Update Colombia ’s ugly “Truth Budget” puts fiscal risks in focus The big revisions to Colombia’s fiscal projections reflect the previous government’s fiscal slippage and imply an even larger squeeze is needed to stop the public debt-to-GDP ratio from rising. And it... 1st September 2026 · 4 mins read
Latin America Chart Pack Latin America Chart Pack (August 2026) Our Latin America Economics Chart Pack has been updated with the latest data and our analysis of recent developments. Growth in Latin America last quarter was a mixed bag, with Colombia the region’s... 26th August 2026 · 1 min read
Latin America Economics Weekly Colombia’s outperformance, Banxico’s divide This week’s activity data point to a big divergence in growth across Latin America, with Argentina underperforming and Colombia leading the pack. But growth in Colombia remains worryingly unbalanced... 21st August 2026 · 5 mins read
Latin America Rapid Response Colombia GDP (Q2 2026) The strong 1.3% q/q expansion in Colombian GDP in Q2, alongside continued above-target inflation, means that BanRep is likely to deliver an interest rate hike in September (having paused in July). 18th August 2026 · 2 mins read
Latin America Economics Weekly Bovespa drop, Copom to cut, mixed growth in the Andes Brazil's Bovespa equity index has had a tough week and we think that Brazilian stocks will underperform their EM peers over the remainder of this year. The activity data out of Brazil have also been... 14th August 2026 · 6 mins read
Emerging Markets Economics Update EM wage pressures easing, but pockets of concern EM labour market conditions have softened further this year, with wage growth now back to or below pre-pandemic rates in many places. Inflationary pressures stemming from labour markets have faded... 13th August 2026 · 4 mins read
Latin America Economics Weekly What next for BanRep?, Argentina’s China ties One immediate macro impact of the change of government in Colombia later today will be on monetary policy, and a more hawkish central bank stance is on the cards in the near term. Elsewhere, the... 7th August 2026 · 5 mins read
Latin America Economics Update Colombia: The challenges facing de la Espriella The major economic challenge facing Abelardo de la Espriella when he assumes Colombia’s presidency on Friday will be stabilising the public finances after years of fiscal largesse under outgoing... 5th August 2026 · 3 mins read
Latin America Economics Weekly Regional rightward shift, Copom’s final rate cut? Keiko Fujimori's initial steps as Peru’s president point towards improved relations with the US and tighter fiscal policy, but whether she can achieve the latter will depend on her ability to build... 31st July 2026 · 6 mins read
Latin America Economics Update Lat Am FX outperformance unlikely to last Currencies in Latin American have fared better than those of other EMs over July, but we expect that outperformance to reverse, with currencies depreciating against the dollar over the next 12-18... 30th July 2026 · 3 mins read
Latin America Economics Update The macro implications of Lat Am’s shift to the right The political shift to the right in Latin America is likely to lead to a stronger geopolitical alignment with the US and economic policies that reduce country risk premia. Economic reforms may allow... 29th July 2026 · 5 mins read
Latin America Chart Pack Latin America Chart Pack (July 2026) Our Latin America Economics Chart Pack has been updated with the latest data and our analysis of recent developments. The region’s performance in Q2 was a mixed bag but lower commodity prices, tighter... 28th July 2026 · 1 min read
Latin America Economics Weekly Mexico’s GDP rebound, smooth(ish) USMCA talks GDP data from Mexico due out next Thursday are likely to show that the economy rebounded last quarter after a contraction in Q1, which may quell some of Banxico's dovish talk. Further out, the outlook... 24th July 2026 · 6 mins read
Latin America Economics Weekly Argentine joy, oil price jump, Brazil tariffs The US's announcement of a 25% Section 301 US import tariff on Brazil made a splash this week, but the macroeconomic effect is likely to limited. Meanwhile, the renewed rise in oil prices would - if... 17th July 2026 · 5 mins read
Emerging Markets Economics Update Which EMs will be next to hike rates? The renewed rise in oil prices has cast fresh uncertainty over the outlook for interest rates. But one thing that emerges from the latest CPI data is that there are a handful of countries where strong... 15th July 2026 · 3 mins read
