Latin America Chart Pack Better placed, but not immune The past month has brought further signs that growth in Latin America has started to slow in response to the deepening crisis in the euro-zone, the turmoil in world markets and weaker demand from... 28th November 2011 · 1 min read
Latin America Economics Update Mexico Q3 GDP surprises on the upside, but still likely to slow Today’s better-than-expected Mexican GDP data present upside risks to our growth forecasts and mean that the economy may now expand by 4.0% this year. Even so, with the outlook for the global economy... 22nd November 2011 · 1 min read
Latin America Economics Update Room for manoeuvre The deepening crisis in the euro-zone, coupled with fears of a slowdown in China, has meant that concerns about overheating in Latin America’s major economies have quickly given way to worries over... 21st November 2011 · 1 min read
Latin America Economic Outlook Weaker growth to be met with policy stimulus A combination of weak growth and deepening debt crises in the G7 and softer demand from China means that the economies of Latin America are likely to slow by more than most expect over the next few... 18th November 2011 · 1 min read
Latin America Economics Update Concerns about Mexican inflation fading, rate cuts on the way Three months after the sell-off of the peso began, there are still few signs that the weaker currency has passed through to higher inflation. Indeed, we continue to expect inflation to remain close to... 9th November 2011 · 1 min read
Latin America Chart Pack Growth slows in the “big two” Growth has slowed sharply in Brazil and Mexico – Latin America’s two largest economies – over the past quarter. In Brazil, there are tentative signs that a two-year boom in domestic demand has started... 29th October 2011 · 1 min read
Latin America Economics Update More to follow Brazil’s lead Brazil’s decision to continue cutting interest rates despite the fact that inflation is running at a five-year high remains as controversial as ever. Nonetheless, on balance we think that the central... 22nd October 2011 · 1 min read
Global Economics Focus Sovereign Debt: are the emerging markets immune? Emerging markets are not immune from the deepening debt crisis in the developed world, but most are well-placed to deal with the fallout. China faces a difficult structural transition of its own but... 21st October 2011 · 1 min read
Latin America Economics Update Mexican equity market highlights the risk of recession With the Mexican equity market registering three consecutive quarter-on-quarter falls over the course of 2011, the Bolsa may be pointing to a dreaded ‘double-dip’ recession. 13th October 2011 · 1 min read
Latin America Economics Update Mexican IMEF surveys point to weak Q3 The further deterioration in last month’s Mexican IMEF surveys adds to the evidence that the economy struggled in Q3. Indeed, despite the apparent resilience in the neighbouring US economy, Mexican... 5th October 2011 · 1 min read
Latin America Chart Pack Markets take another pounding The Central Bank of Uruguay (BCU) left its benchmark interest rate unchanged at 8.0% last night as the board weighed downside risks to growth against stubbornly high inflation. We believe that the BCU... 30th September 2011 · 1 min read
Latin America Economics Update Rate cuts back on the agenda for 2012 The rapid deterioration in the growth outlook for the developed world, and the deepening crisis in Europe in particular, should in time vindicate last month’s surprise (and controversial) decision by... 29th September 2011 · 1 min read
Latin America Economic Outlook Heading into choppy waters The economies of Latin America are likely to slow by more than most expect over the next year. We do not anticipate a prolonged downturn, but the marked deterioration in the external environment means... 21st September 2011 · 1 min read
Latin America Economics Update Mexico: Weak wage growth to underpin fragile domestic demand Mexico’s status as a low productivity economy means that jobs are created even at low rates of GDP growth. The problem, however, is that a surplus pool of labour, coupled with a growing population and... 14th September 2011 · 1 min read
Latin America Economics Update Mexico: IMEF manufacturing survey not as promising as it seems While the Mexican IMEF manufacturing index bucked the global trend and increased in August, there is no hiding from the weak outlook for the economy. With GDP growth set to disappoint, we expect... 7th September 2011 · 1 min read
Latin America Economics Update Will the next move in Mexican rates be down? Above-target inflation means that it would require a major shock to the global economy for the Mexican central bank to cut interest rates this year. But with growth set to slow by more than most... 31st August 2011 · 1 min read
