Latin America Rapid Response Brazil & Mexico CPI (Sep. 2025) The small increases in inflation in Brazil and Mexico in September are unlikely to have a material impact on the next interest rate meetings in both countries. In Brazil, while an easing cycle is... 9th October 2025 · 2 mins read
Latin America Economics Focus Will Sheinbaum turn Pemex around? President Sheinbaum’s approach to tackling the woes of state oil company Pemex are, encouragingly, more comprehensive than those of her predecessor Amlo. But it seems unlikely that the government will... 30th September 2025 · 13 mins read
Latin America Chart Pack Latin America Chart Pack (Sep. 2025) Our Latin America Economics Chart Pack has been updated with the latest data and our analysis of recent developments. Contrary to consensus expectations for growth to stabilise, we expect growth in... 29th September 2025 · 1 min read
Latin America Rapid Response Mexico Interest Rate Announcement (Sep.) Mexico’s central bank (Banxico) delivered another 25bp interest rate cut, to 7.50%, at its meeting today and the communications were broadly unchanged, suggesting that easing will continue at the... 25th September 2025 · 2 mins read
Latin America Rapid Response Mexico Bi-Weekly CPI (Sep. 2025) The small rise in Mexican inflation to 3.7% y/y in the first half of September won’t stop Banxico from delivering a clearly-signalled 25bp cut, to 7.50%, at tomorrow’s Board meeting. 24th September 2025 · 2 mins read
Latin America Economics Weekly Colombia’s decertification, Brazil’s slowdown The Trump administration’s determination this week that Colombia had failed to meet its counter-narcotics obligations won’t have immediate economic implications, but it does make Colombia more... 19th September 2025 · 6 mins read
Emerging Markets Economics Chart Pack Emerging Markets Chart Pack (Sep. 2025) EM GDP growth generally held up well in H1 but we think it will soften over the second half of the year as US tariffs, tighter fiscal policy and slowing wage growth bite. The inflation outlook is... 17th September 2025 · 1 min read
Latin America Economics Focus Counting the cost of crime in Latin America Growing public concerns about high crime levels and the apparent success of El Salvador in reducing levels of violence are making law and order a key issue in Latin America’s busy electoral calendar... 16th September 2025 · 17 mins read
China Economics Update Rerouting providing less of an offset Our updated estimates suggest that trade rerouting is so far doing less to insulate Chinese exports from US tariffs than in the past. That’s largely because rerouting via Mexico hasn’t picked up since... 16th September 2025 · 5 mins read
Latin America Economics Weekly Mexico jumps on the tariff bandwagon, Milei’s defeat Mexico's decision this week to impose tariffs on countries it doesn't have a free trade agreement with (notably China) was probably influenced by trade talks with the US, but it also supports the... 12th September 2025 · 6 mins read
Latin America Economic Outlook Slowdown sets the stage for dovish surprises We expect growth in Latin America to slow next year – in contrast to the consensus and IMF view for growth to stabilise or even pick up in 2026. While the impact of US import tariffs will generally be... 10th September 2025 · 21 mins read
Latin America Rapid Response Mexico Consumer Prices (Aug. 2025) The small rise in Mexican inflation to 3.6% y/y in August still leaves the headline rate within Banxico’s target range and means that policymakers are likely to deliver another 25bp cut, to 7.50%, at... 9th September 2025 · 2 mins read
Latin America Economics Weekly Rubio in Lat Am, Brazil slows, Buenos Aires votes Marco Rubio's trip to Latin America this week highlighted the US’s growing focus on the region - and particularly efforts to curb drug trafficking. The next thing to watch is Colombia's narcotics... 5th September 2025 · 9 mins read
Latin America Economics Update The implications of Mexican tariffs on China Mexico’s plans, reported by Bloomberg, to put tariffs on imports from China (and possibly other parts of Asia) target many of the government’s goals – appeasing the US, mending the public finances and... 28th August 2025 · 5 mins read
Latin America Chart Pack Latin America Chart Pack (Aug. 2025) Our Latin America Economics Chart Pack has been updated with the latest data and our analysis of recent developments. Activity in many parts of the region, and Brazil in particular, slowed in Q2... 26th August 2025 · 1 min read
