Latin America Publications
Below is a list of our Latin America Publications for the last 6 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.
Daily Monitor Datanotes
- Libertarian Javier Milei wins Argentina’s presidential election; the less bad option for the battered country.
- Argentina’s prospects will improve if Congress allows Milei to ‘take a hacksaw’ to the state.
- Brazil’s economy struggled in Q3, opening the door to bigger rate cuts if fiscal pragmatism prevails.
Andrés Abadía (Chief LatAm Economist)Latin America
- Opinion polls are pointing to a knife-edge result in this Sunday’s presidential election in Argentina.
- Uncertainty is high, but the near-term outlook is clear: expect an FX sell-off, high inflation and recession.
- The next president will have a difficult job getting the economy back on track.
Andrés Abadía (Chief LatAm Economist)Latin America
- Brazil — Fiscal uncertainty back in the spotlight
- Argentina — Anything can happen on Sunday
- Colombia — Resounding defeat for President Petro
Andrés Abadía (Chief LatAm Economist)Latin America
- Brazil’s inflation is still firmly falling, despite the temporary rebound in Q3.
- A weakening service sector and sliding consumer morale suggest stronger rate cuts are needed.
- Mexico’s manufacturing is finally showing signs of life, but it is too soon to expect a protracted upturn.
Andrés Abadía (Chief LatAm Economist)Latin America
- Peru’s BCRP stuck to the script and cut rates by 25bp last week, but we do not rule out stronger moves.
- Colombia’s inflation figures for October support the case for the easing cycle to start next month.
- Sluggish demand, easing indexation, less political risk and the COP’s stability will bring inflation down.
Andrés Abadía (Chief LatAm Economist)Latin America
- In one line: Disinflation, at the headline level, remains fully on track.
Andrés Abadía (Chief LatAm Economist)Latin America
- Brazil’s retail sector ended Q3 on a solid footing, but growth momentum will continue to slow.
- Chile’s disinflation continues, leaving the door open to further rate cuts as the economy struggles.
- The major threat in the very near term is politics, but calm will emerge after the storm.
Andrés Abadía (Chief LatAm Economist)Latin America
- Brazil — Global uncertainty to remain the key driver
- Argentina — Fluctuating on the political news
- Colombia — Subdued despite better politics
Andrés Abadía (Chief LatAm Economist)Latin America
- In one line: A solid finish to Q3, but the near-term outlook remains difficult.
Andrés Abadía (Chief LatAm Economist)Latin America
- Colombia’s BanRep will likely cut rates very soon, as inflation continues to fall consistently.
- Increased borrowing costs are dampening domestic demand growth, despite BanRep’s liquidity boost.
- The labour market is already showing signs of fatigue, contrary to some hawkish Board members’ views.
Andrés Abadía (Chief LatAm Economist)Latin America
- Mexico’s economy did well in Q3, but growth continues to ease on a sequential basis.
- Increased infrastructure spending and nearshoring are offsetting the hit from tighter financial conditions...
- ...But the upside boost will gradually fade, and a weakening global economy will also be a drag.
Andrés Abadía (Chief LatAm Economist)Latin America
