Latin America Publications
Below is a list of our Latin America Publications for the last 5 months. If you are looking for reports older than 5 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.
Weekly Monitor Andrés Abadía (Chief LatAm Economist)
- Disinflation in Brazil is broadening across goods and services, as supply conditions remain favourable.
- A strong BRL, cooling demand, and easing core pressures will push headline inflation lower in Q1.
- Copom signals patience but improving data support the case for a cautious rate-cutting cycle soon.
- Mexico’s Q3 GDP contraction confirms momentum has stalled, with a base-effect-driven recession likely.
- Industrial weakness, soft job markets and fading public investment continue to weigh on activity.
- Lower interest rates and easing inflation will support a mild 2026 upturn, contingent on trade clarity.
- Colombia’s sticky services inflation, indexation pressures and wage risks limit BanRep’s options.
- The resilient domestic demand and job market are sustaining growth despite fragile external conditions.
- Fiscal uncertainty, political noise and a widening trade deficit challenge BanRep’s cautious stance into 2026.
- Core inflation in Mexico remains stubborn near 4%, prompting Banxico to add a hawkish tilt to its tone.
- GDP growth is weakening as industry shrinks and consumption stagnates amid tighter credit conditions.
- Further rate cuts will hinge on stable inflation, fiscal prudence and limited trade disruption.
- BCCh’s cautious pause reflects sticky core inflation, fragile job data and sensitivity to election-driven noise.
- …Disinflation, a stable CLP and lower energy tariffs will justify a 25bp cut in December.
- Mexico’s GDP shrank in Q3 as industry weakened further and services plateaued; Q4 will be better.
