Pantheon Macroeconomics

Best viewed on a device with a bigger screen...

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.

July

12 Jan 2023 LatAm Monitor Resilient, Despite Increased Political Noise

  • Brazil — Political chaos will have a limited effect
  • Mexico — A solid start to the year
  • Peru — Ignoring once again another political crisis

Andres Abadia (Senior International Economist)Latin America

27 Sept 2022 LatAm Monitor July IGAE Showed a Resilient Mexican Economy, but Not for Long

  • Mexico’s economy was resilient at the start of Q3, thanks to improving manufacturing activity...
  • ...But sentiment indicators and survey data suggest that a slowdown will probably emerge soon.
  • Brazil’s eternal accounts remain healthy, despite the recent deterioration on a sequential basis.

Andres Abadia (Senior International Economist)Latin America

19 Sept 2022 LatAm Monitor Slowing GDP Growth in the Andes will Make Central Banks Uneasy

  • Colombia’s economy started Q3 on a weak footing, as high inflation weighs on consumers’ spending.
  • Peru’s economic recovery stalled in July and leading indicators point to further weakness in the near term.
  • Weakening growth momentum will force central banks to stop hiking rates, assuming inflation cedes.

Andres Abadia (Senior International Economist)Latin America

16 Sept 2022 LatAm Monitor Economic Activity is Solid in Brazil, Inflation is Galloping in Argentina

  • Brazil’s economic growth was stronger-than-expected in early July, which will disquiet the COPOM...
  • ...But still-high inflation and political uncertainty are already weighing on consumers’ spending.
  • Argentinians will soon face triple-digit inflation, driven by rising input costs and the ARS sell-off.

Andres Abadia (Senior International Economist)Latin America

13 Sept 2022 LatAm Monitor Mexico's Manufacturing Continues to Shoulder the Industrial Recovery

  • Mexico’s industrial sector has remained relatively resilient, thanks chiefly to strength in manufacturing.
  • Construction and mining/oil remain in the doldrums; AMLO’s policies are holding them back.
  • The public finances remain the bright spot in Mexico, but next year's budget assumes too rosy an outlook.

Andres Abadia (Senior International Economist)Latin America

PM Datanote: Industrial Production, Mexico, July, 2022

  • In one line: A decent start to the quarter despite weakening fundamentals.

Andres Abadia (Senior International Economist)Latin America

9 Sept 2022 LatAm Monitor High Inflation in Mexico and Chile will Test Policymakers' Resolve

  • Inflation in Mexico rose in August, meeting expectations, allowing Banxico to hike by 50bp this month.
  • The inflation picture remains ugly in Chile, but the recession likely will push it down in Q4.
  • The BCCh surprised markets by increasing the main rate by 100bp, but it adopted a neutral bias. 

Andres Abadia (Senior International Economist)Latin America

2 Sept 2022 LatAm Monitor Brazil's Economy Enjoyed a Solid First Half of the Year; will it Last

  • The full reopening of the economy and further fiscal support have allowed Brazil to enjoy a solid H1.
  • The recovery of the job market has also helped, off-setting the drag from high inflation and rates.
  • Chile’s economy is in trouble and leading indicators tell a story of depressed conditions in H2.

Andres Abadia (Senior International Economist)Latin America

31 Aug 2022 LatAm Monitor Chile's Economy Struggles Ahead of the Constitutional Referendum

  • Chile’s labour market is under renewed strain and survey data point to a challenging H2...
  • ...High inflation, tighter financial conditions, increased interest rates, and elevated political risks are drags.
  • Chileans will vote on Sunday on a new constitution, but uncertainty will persist regardless.

Andres Abadia (Senior International Economist)Latin America

30 Aug 2022 LatAm Monitor Mexico's Economic Recovery is Stalling, and Banxico is Watching

The Mexican economy remained relatively resilient in Q2, but momentum eased sequentially.
Downside risks will persist in the near term, forcing Banxico to slow the pace of tightening.
Core inflation, however, remains particularly sticky, complicating policymakers’ decisions.

Andres Abadia (Senior International Economist)Latin America

  Publication Filters

Change View: List   Small Grid  

Filter by Keyword

Filter by Region

Filter by Publication Type

Filter by Date
(6 months only; older publications available on request)

  Quick Tag Filters
Consistently Right
Access Key Enabled Navigation
Keywords for: Latin America

Latin America Document Vault, Pantheon Macro, Pantheon Macroeconomics, independent macro research, independent research, ian shepherdson, economic intelligence