Latin America Economics Weekly Fujimori edges ahead, CPI prints, Copom to hold It's looking increasingly likely that right-wing candidate Fujimori will secure Peru's presidency. She's likely to govern on a conservative, market-friendly platform, but her ability to push through... 12th June 2026 · 5 mins read
Latin America Rapid Response Mexico Consumer Prices (May 2026) The larger-than-expected fall in Mexican inflation, to 3.9% y/y in May, will be welcomed by Banxico and means that the policy rate is likely to remain at 6.50% in the foreseeable future. 9th June 2026 · 2 mins read
Latin America Economics Weekly Colombia shifts right, 301 tariffs, El Niño Abelardo de la Espriella’s victory in the first round of Colombia’s presidential election increases the likelihood of a shift to more pro-market policymaking and improved relations with the US. But we... 5th June 2026 · 5 mins read
Latin America Economics Update The price of free time in Latin America Latin America is seeing a wave of labour market reforms that reduce maximum working hours with no reduction in compensation, which could raise inflation and reduce competitiveness. It appears most... 2nd June 2026 · 5 mins read
Latin America Economics Weekly Colombia votes, Mexico’s export surge Colombians head to the polls on Sunday to elect a new president, with the three front-runners holding sharply different views on policymaking and how to address Colombia’s fiscal challenges. If... 29th May 2026 · 5 mins read
Latin America Chart Pack Latin America Chart Pack (May 2026) Our Latin America Economics Chart Pack has been updated with the latest data and our analysis of recent developments. High energy prices have given a boost to terms of trade in many Latin American... 27th May 2026 · 1 min read
Latin America Economics Weekly Copom rates, Brazil’s rare earths, fiscal developments With the latest indicators suggesting that Brazil's economy is holding up well and the labour market is still strong, we now expect the Selic rate to end this year at 13.25% (compared to 12.50%... 8th May 2026 · 5 mins read
Latin America Rapid Response Mexico Interest Rate Announcement (May 2026) Mexico’s central bank (Banxico) made clear in its communications today that its 25bp interest rate cut, to 6.50%, marks the last in the cycle. We think this is now likely to be followed by a prolonged... 7th May 2026 · 2 mins read
Latin America Rapid Response Mexico Consumer Prices (Apr. 2026) The small fall in Mexican inflation (both headline and core) last month, taken together with the decline in GDP in Q1, gives policymakers at the central bank room to deliver one final 25bp rate cut in... 7th May 2026 · 2 mins read
Latin America Economics Weekly Making sense of BanRep’s hold, Mexico’s export boom Colombia’s central bank (BanRep) defied expectations for another rate hike this week, opting to keep rates unchanged instead, which may raise concerns that the Board is taking President Petro’s... 1st May 2026 · 5 mins read
Latin America Rapid Response Mexico GDP (Q1 2026 Provisional) The larger-than-expected 0.8% q/q contraction in Mexico’s GDP was driven by broad-based weakness across all main sectors and strengthens the case for a 25bp cut at Banxico’s meeting next week. 30th April 2026 · 2 mins read
Latin America Economics Weekly USMCA, Kast’s fiscal plans, BCB to cut rates Comments from US Trade Representative Jamieson Greer this week suggest seem to have dashed Mexico’s hopes of removing tariffs on autos, exports of which have been struggling. There are also... 24th April 2026 · 5 mins read
Latin America Rapid Response Mexico Bi-Weekly CPI (Apr. 2026) The small fall in Mexican inflation, to 4.5% y/y, in the first half of April was driven by easing underlying price pressures and will be welcomed by the central bank. That’s increased the likelihood... 23rd April 2026 · 2 mins read
Latin America Chart Pack Latin America Chart Pack (Apr. 2026) Our Latin America Economics Chart Pack has been updated with the latest data and our analysis of recent developments. Many major Latin American economies have received a terms-of-trade boost from the... 16th April 2026 · 1 min read
Latin America Economics Update High energy prices a double-edged sword Latin America as a whole is a net beneficiary from higher energy prices, but the terms of trade boost is limited (or in Mexico’s case more than offset) by a lack of domestic refining capacity. The... 13th April 2026 · 5 mins read
Latin America Economics Weekly Strong trade data, inflation jump, Peru votes The early trade data for March suggests that Brazil's economy is, on net, benefitting from the energy price shock and that Chile's rising energy import bill is being offset by strong exports... 10th April 2026 · 7 mins read
