Latin America Chart Pack Latin America Chart Pack (Apr. 2024) Our Latin America Chart Pack has been updated with the latest data and our analysis of recent developments. Activity in the region picked up in Q1 and we expect this to continue in the coming quarters... 24th April 2024 · 1 min read
Latin America Economics Weekly Currency worries, Venezuela oil sanctions The recent falls in many Latin American currencies, alongside stubbornly strong core price pressures, support our relatively hawkish view on the outlook for monetary policy in the region. Elsewhere... 19th April 2024 · 5 mins read
Latin America Economics Update Middle East tensions may support Venezuela’s oil sector Concerns about escalating tensions in the Middle East and the impact on global oil supplies increase the likelihood that the US will renew its sanctions waiver on Venezuela when the current one... 16th April 2024 · 4 mins read
Latin America Economics Weekly Copom’s concerns, Maduro tests the US, Chile’s lithium The minutes to the Brazilian central bank’s meeting last week confirmed our view that Copom will soon start to slow the pace of easing. Meanwhile, developments in Venezuela this week mean that it now... 28th March 2024 · 6 mins read
Latin America Economic Outlook Set for a slow recovery Activity in the region slowed to a crawl at the end of last year and, while a recovery will take hold in the coming quarters, growth will fall short of consensus expectations. The disinflation process... 26th March 2024 · 22 mins read
Latin America Chart Pack Latin America Chart Pack (Mar. 2024) Our Latin America Chart Pack has been updated with the latest data and our analysis of recent developments. Activity in the region slowed to a crawl at the end of last year and, while a recovery will... 13th March 2024 · 1 min read
Latin America Economics Weekly Venezuelan inflation, Mexico’s slowdown Inflation and activity figures out of Mexico this week bolster our view that consensus growth forecasts for 2024 look a bit too optimistic and that Banxico will start its monetary easing cycle next... 23rd February 2024 · 6 mins read
Latin America Economics Weekly Venezuela-Guyana tensions, new macro forecasts Venezuela’s increasingly assertive claims over the oil-rich Essequibo region, internationally recognised as part of Guyana, has raised the risk of some kind of miscalculation that leads to military... 8th December 2023 · 7 mins read
Latin America Economic Outlook Brazil and Mexico to lose their shine The surprising strength this year of the region’s two largest economies, Brazil and Mexico, will fade in 2024 and growth over the next couple of years is likely to come in below consensus expectations... 7th December 2023 · 22 mins read
Latin America Chart Pack Latin America Chart Pack (Oct. 2023) Our Latin America Chart Pack has been updated with the latest data and our analysis of recent developments. Brazil and Mexico will outperform others in the region this year, but that’s likely to flip... 25th October 2023 · 1 min read
Latin America Economics Weekly Argentina and Ecuador’s elections, Venezuela sanctions Argentina's dire economic situation will be top of many voters’ minds when they head to the polls on Sunday, but the election will also have important geopolitical implications. An opposition victory... 20th October 2023 · 7 mins read
Latin America Economics Update Venezuela: raising oil output will be a long journey The reported deal that is close to being reached to lift US sanctions on Venezuela’s oil sector in return for competitive elections would help to raise the country’s oil output from very depressed... 16th October 2023 · 3 mins read
Latin America Economics Update El Niño presents mixed risks for Lat Am The likelihood of an El Niño event over the second half of the year raises the risk that activity is disrupted, inflation falls more slowly than we currently expect, and central banks’ monetary easing... 13th July 2023 · 3 mins read
Latin America Chart Pack Monetary policy stance slowly shifting The raft of inflation data over the past couple of weeks will have provided some relief for Latin American central banks, with headline rates in most countries now on a clear downward trajectory. In... 26th April 2023 · 15 mins read
Latin America Economic Outlook High inflation will limit room for interest rate cuts GDP growth in Latin America will be among the weakest of any EM region this year and next, and is likely to disappoint consensus expectations. Persistently high inflation has prompted us to push back... 30th March 2023 · 3 mins read
Latin America Chart Pack External vulnerabilities to ease as growth weakens The latest data suggest that current account deficits in the region’s major economies narrowed towards the end of last year, which is particularly good news for Colombia and Chile. Both were running... 22nd February 2023 · 15 mins read