- In one line: Rising food prices and FX volatility rekindle inflation risks amid slowing domestic demand.
Andrés Abadía (Chief LatAm Economist)Latin America
- In one line: Solid February bounce, but underlying weakness remains
Andrés Abadía (Chief LatAm Economist)Latin America
- In one line: On hold amid global uncertainty, but door remains open to cut.
Andrés Abadía (Chief LatAm Economist)Latin America
- In one line: Resilience masks broader risk of a slowdown.
Andrés Abadía (Chief LatAm Economist)Latin America
- In one line: MXN depreciation clouds the outlook.
Andrés Abadía (Chief LatAm Economist)Latin America
- Mr. Trump’s tariff uncertainty will continue to weigh on LatAm’s prospects, despite it not being hit too hard.
- Mexico is aiming for fiscal discipline, but rising debt and optimistic forecasts threaten its credibility, again.
- Structural reforms, a Pemex overhaul and looking beyond the US are key to stabilising its debt outlook.
Andrés Abadía (Chief LatAm Economist)Latin America
- In one line: Reduced confidence and tight financial conditions are drags.
Andrés Abadía (Chief LatAm Economist)Latin America
- In one line: A poor headline, but the underlying trend remains positive.
Andrés Abadía (Chief LatAm Economist)Latin America
- In one line: Poor headlines, but we think growth momentum will remain positive in H1.
Andrés Abadía (Chief LatAm Economist)Latin America
- Banxico extends easing with another 50bp cut, citing disinflation and weakening economic activity.
- Policymakers are likely to maintain their pace near term, before gradually shifting to smaller rate cuts.
- US auto tariffs threaten Mexico’s exports, manufacturing supply chains and capex outlook.
Andrés Abadía (Chief LatAm Economist)Latin America
- Argentina’s economy enjoyed a solid end to 2024, and the outlook remains benign, though not risk-free.
- Growth prospects are driven by exports, capex, structural improvements in key sectors, and disinflation.
- Mr. Milei will have to balance fiscal discipline with IMF negotiations and political resistance to reforms.
Andrés Abadía (Chief LatAm Economist)Latin America
- In one line: Another bold rate hike, but the magnitude of tightening will be reduced in May.
Andrés Abadía (Chief LatAm Economist)Latin America
- In one line: Ending 2024 on a strong note, but risks loom for 2025.
Andrés Abadía (Chief LatAm Economist)Latin America
- In one line: Better, but the overall picture is still one of subpar growth.
Andrés Abadía (Chief LatAm Economist)Latin America
- In one line: Tight financial conditions remain a drag at the core level.
Andrés Abadía (Chief LatAm Economist)Latin America
- In one line: On hold amid rising global uncertainty.
Andrés Abadía (Chief LatAm Economist)Latin America
- Brazil’s retail sector is struggling as spending weakens amid uncertainty and higher interest rates.
- The service sector is slowing; high borrowing costs and softening labour-market conditions are drags.
- The trade war forces central banks to adopt a cautious approach, delaying a faster regional economic upturn.
Andrés Abadía (Chief LatAm Economist)Latin America
