Pantheon Publications

4 December 2024 LatAm Monitor Brazil's GDP strength will falter soon as financial conditions tighten further

• Brazil’s economy performed strongly in Q3, despite the hit from elevated real interest rates.
• Solid private consumption and resilient capex offset the drag from less supportive external conditions.
• The outlook is deteriorating, as higher rates—due to fiscal noise—start to stifle economic activity.

Andrés Abadía (Chief LatAm Economist)Latin America

Global Datanote: GDP, Third Quarter, Brazil, 2024

• In one line: Solid, but high interest rates will be a drag.

Andrés Abadía (Chief LatAm Economist)Global

PM Datanote: GDP, Third Quarter, Brazil, 2024

• In one line: Solid, but high interest rates will be a drag.

Andrés Abadía (Chief LatAm Economist)Latin America

3 December 2024 LatAm Monitor Uncertainty about Trump 2.0 tariffs will weigh on Mexico's economy

• Mexico’s outlook for the coming quarters has deteriorated, but H2 2025 shows promise.
• US tariffs may disrupt supply chains and harm both nations, but pragmatism likely will prevail.
• Fiscal consolidation strategies seek to stabilise the economy amid rising inflation and external threats.

Andrés Abadía (Chief LatAm Economist)Latin America

November 2024 - Latin America Chartbook

LATAM ECONOMIES FACE UNCERTAIN PATH UNDER TRUMP 2.0…

• …AMPLIFYING INFLATION RISKS AND ECONOMIC PRESSURES

Andrés Abadía (Chief LatAm Economist)Latin America

2 December 2024 LatAm Monitor Peru's economy thrives amid low inflation, but 'Trump 2.0' poses risks

• Peru’s economy is thriving thanks to low inflation and interest rate cuts, despite external challenges.
• The near-term outlook remains positive, yet risks loom from Donald Trump’s potential policies.
• The Chancay mega-port positions Peru as a key player in global trade but introduces significant risk.

Andrés Abadía (Chief LatAm Economist)Latin America