Pantheon Publications
Below is a list of our Publications for the last 5 months. If you are looking for reports older than 6 months please email info@pantheonmacro.com, or contact your account rep.
Please use the filters on the right to search for a specific date or topic.
Andrés Abadía (Chief LatAm Economist)
- In one line: Inflation stabilises as demand cools.
Andrés Abadía (Chief LatAm Economist)Latin America
- In one line: Core inflation softens, allowing further monetary policy normalisation.
Andrés Abadía (Chief LatAm Economist)Latin America
- Disinflation has resumed in Mexico, driven by softer food and energy prices; services are still a challenge.
- Favourable base effects, a stronger MXN and subdued demand continue to support disinflation.
- July data support a 25bp Banxico rate cut, as structural pressure limits the magnitude of easing.
Andrés Abadía (Chief LatAm Economist)Latin America
- In one line: Mexico’s growth holding up in Q2, but headwinds are mounting.
Andrés Abadía (Chief LatAm Economist)Global
- In one line: Mexico’s growth holding up in Q2, but headwinds are mounting.
Andrés Abadía (Chief LatAm Economist)Latin America
- Mexico’s IGAE data show resilience, yet fading services and capex signal weak momentum into H2.
- Labour-market softness is deepening, with job creation stalling and real wage growth slowing further.
- Banxico is facing pressure to ease, but sticky core services inflation will constrain the pace of cuts.
Andrés Abadía (Chief LatAm Economist)Latin America
- Consumer-driven momentum and services strength supported Colombia’s Q2 growth, but industry lags.
- The fiscal deficit is on track to breach 8% of GDP, with no credible correction in sight.
- Disinflation is set to resume in Mexico and Brazil, but structural pressures and trade risks persist.
Andrés Abadía (Chief LatAm Economist)Latin America
- Most regional currencies have rallied on still-attractive carry and resilient terms-of-trade.
- Trade tensions with the US are reigniting inflation worries and complicating monetary policy decisions.
- Central banks face narrowing scope for cuts, as political risk and global uncertainty intensify.
Andrés Abadía (Chief LatAm Economist)Latin America
- Retail and industrial data in Colombia point to a broad-based recovery, despite political volatility.
- A stronger COP, easing inflation and resilient job market are fuelling durable goods consumption.
- Mr. Petro’s proposals, tax reform and external risks still cloud the investment outlook heading into 2026.
Andrés Abadía (Chief LatAm Economist)Latin America
- Brazil —US tariffs rattle the outlook
- Mexico — Tariffs test Ms. Sheinbaum’s resolve
- Chile — Bracing for copper tariffs
Andrés Abadía (Chief LatAm Economist)Latin America
- Disinflation is accelerating in Argentina, with headline and core prices reaching multi-year lows in June.
- Tight fiscal and monetary policy continue to anchor expectations, despite the ARS and political noise.
- BCRP held at 4.5%, signalling caution amid global uncertainty and anchored inflation expectations.
Andrés Abadía (Chief LatAm Economist)Latin America
- Brazil’s weakness in industry and services highlights the growing drag from tighter financial conditions.
- Mr. Trump’s tariff move threatens exports, investment and already-fragile economic momentum.
- Mexico has also been hit by the tariff noise, but markets are still betting on a negotiated outcome.
Andrés Abadía (Chief LatAm Economist)Latin America
- In one line: Recovery stalls as financial headwinds mount.
Andrés Abadía (Chief LatAm Economist)Global
- In one line: Recovery stalls as financial headwinds mount.
Andrés Abadía (Chief LatAm Economist)Latin America
- In one line: Industrial sector stabilises, but outlook remains weak.
Andrés Abadía (Chief LatAm Economist)Latin America
- Disinflation resumes in Mexico, but core pressures linger, led by services.
- External weakness weighs on manufacturing, but interest rate cuts offer relief.
- Construction rebounds, but trade tensions and weak US demand are a drag on industrial recovery.
Andrés Abadía (Chief LatAm Economist)Latin America
- In one line: Cooling inflation meets new headwinds.
Andrés Abadía (Chief LatAm Economist)Latin America
- In one line: Cooling inflation meets new headwinds.
Andrés Abadía (Chief LatAm Economist)Global
- In one line: Core pressures lingering, but disinflation resumes.
Andrés Abadía (Chief LatAm Economist)Global
- In one line: Core pressures lingering, but disinflation resumes.
Andrés Abadía (Chief LatAm Economist)Latin America
